He misappropriated funds of about 2.33 million yuan (0,000) during his employment from 2014 to 2016, about 1.68 million yuan (0,000) of which was embezzled by Xiu, the statement said.
He made the remarks while explaining a revised guideline at a press conference on Thursday afternoon. He said the revision aims to implement reform of the financial system, motivate market entities and keep stable and healthy development of private loans.
He attributed the success to Dutch pork's consistency in quality. The DMA would start exporting beef as well to China soon.
He earned around 5 yuan every day with his part-time jobs, and with the money, his family was able to eat meat on a regular basis.
He disclosed the company will be setting up a production line here in Ghana next year and hopes to employ between 1,000 to 2,000 local people.
He has been working in Wuhan for about two years. He could have joined the evacuation of Belgian nationals led by the country's embassy on Feb 13. But by choosing to stay with his students, he became the only Belgian in Wuhan.
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He explained that business moves quickly, and people make decisions quickly.
He goes abroad every month to visit foreign enterprises in different sectors such as ceramics, glass, metallurgy and chemical engineering.
He foresaw the appointment would enable both sides to leverage on their respective expertise, experience and resources to ensure this project is completed.
He emphasizes the rule of law and checks on power, as seen in his decision to create a national supervision commission. Lawmakers are also compiling a civil code to better protect people's rights.