Xue Zuqing, one of China's foremost experts on solar energy and associate
professor with the prestigious Qinghua University, went on trial on Monday for
embezzling more than one million yuan (125,000 U.S. dollars).
Xue, 58, who has been dubbed the founder of China's solar energy heater
industry, allegedly transferred to his wife's bank account a million yuan from
the Qinghua Solar Co. Ltd in August 2002. The money was later used by his sister
to pay for a new apartment, according to a court in Beijing's west Haidian
Xue, then general manager of the company, concealed the loan after he was
dismissed from the post in March 2003, said a report on Tuesday's Beijing News.
The company, jointly set up by Qinghua University and a local glass factory,
established the fund by selling 20 percent of its stocks to a solar energy
research institute in east China's Shandong Province in 1999, said the report.
Xue argued that he later replaced the funds by making deposits by September
2003, but prosecutors said taking the money broke the law.
As a state-owned enterprise officer, Xue had committed embezzlement since he
diverted public funds for private use, prosecutors said.
Xue's trail continues.