Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

The Fall of Shaolin’s CEO: Ex-Abbot Xu Yingcheng Charged with Embezzlement and Bribery

Daniel Kim Views  

Translation result

Prosecutors have formally indicted the former abbot of China’s Shaolin Temple (少林寺·Shao Lin Si) on charges including embezzlement and related offenses.

He led the Shaolin Temple—widely regarded as the birthplace of Chinese kung fu—for decades. Prosecutors say he violated Buddhist precepts and engaged in a range of corrupt practices that have now brought him to court.

    Photo: SCMP screenshot
  Photo: SCMP screenshot

On the 21st, state-run Xinhua News Agency reported that the Xinxiang People’s Procuratorate in Henan said it had filed charges the day before with the Xinxiang Intermediate People’s Court against former Shaolin abbot Shi Yongxin (60; born Liu Yingcheng), accusing him of embezzlement, misappropriation of funds, and both accepting and offering bribes.

Xinhua did not disclose the specific sums involved in the corruption allegations. On July 27 last year, Shaolin’s management office announced that Shi was under criminal investigation. The following day, the Buddhist Association of China said it had revoked his monastic credentials, and on Nov. 16 the Xinxiang People’s Procuratorate approved his arrest.

Although he had been criticized for excessive commercialization, Shi was also credited with turning Shaolin into a global brand. His downfall has damaged the reputation of Chinese Buddhism and accelerated calls for institutional reform.

At the end of last year, the Buddhist Association of China announced plans to create an oversight body to strengthen supervision of monks’ conduct. Separate from the current indictment, Shi has faced allegations that he maintained improper relationships with multiple women and fathered at least one child out of wedlock.

Born in Anhui province in 1965, Shi Yongxin became one of China’s most prominent Buddhist monks. He entered Shaolin in 1981, became abbot in 1999, and led the temple for more than 25 years until his removal last year. Holding an MBA, he developed revenue-generating ventures—kung fu shows, film productions, and Shaolin-branded souvenirs—that earned him the nickname “Shaolin’s CEO.”

Daniel Kim
content@tenbizt.com

[Social] Latest Stories

  • Starbucks Korea CEO Fired Over Controversial ‘Tank Day’ Promotion
    Starbucks Korea CEO Fired Over Controversial 'Tank Day' Promotion
  • 25,000 Robots vs. Human Workers: The High-Stakes Battle at Hyundai
    25,000 Robots vs. Human Workers: The High-Stakes Battle at Hyundai
  • Hotel Hygiene Scandal: Cleaner Caught Using Guest Towels to Wipe Toilets
    Hotel Hygiene Scandal: Cleaner Caught Using Guest Towels to Wipe Toilets
  • South Korea’s Tech Giant Kakao Faces First Major Strike in 20 Years
    South Korea's Tech Giant Kakao Faces First Major Strike in 20 Years
  • South Korea’s Aging Crisis: How One Leader Is Redefining ‘Well-Dying’
    South Korea’s Aging Crisis: How One Leader Is Redefining 'Well-Dying'
  • Stop Calling Them ‘Hey You’: South Korea’s New Push for Worker Respect
    Stop Calling Them 'Hey You': South Korea's New Push for Worker Respect

Weekly Best Articles

  • Choi Dong-seok’s Family Bond: How a Simple Engraving Reveals Deep Love for His Children
  • Kwak Sun-hee’s Stunning Wedding Photos: A Celebration of Love and Courage
  • Is ‘I Am a Natural Person’ Just a Big Lie? Comedian Yoon-taek Reveals Shocking Secrets!
  • Health Scare: Why Fans Are Worried About Go Ji Yong’s Dramatic Weight Loss
  • Discover the Winter Gongju Chestnut Festival: A Taste of Korea at H-Mart in the USA!
  • 2026 Spring Wildfire Prevention: How Gyeryong City is Cutting Response Time to 30 Minutes!

You May Also Like

  • 1
    Ukraine’s EU Bid Surges as Hungary Drops Opposition Amid Russian Attacks

    Politics 

    Ukraine’s EU Bid Surges as Hungary Drops Opposition Amid Russian Attacks
  • 2
    Trump Backs Colombia's 'El Tigre' — What It Means for U.S. Relations

    Politics 

    Trump Backs Colombia’s ‘El Tigre’ — What It Means for U.S. Relations
  • 3
    Trump Backs Colombia's Far-Right Outsider—What's at Stake?

    Politics 

    Trump Backs Colombia’s Far-Right Outsider—What’s at Stake?
  • 4
    12.5% Tariff Hit: South Korea Faces New U.S. Trade Penalties

    Politics 

    12.5% Tariff Hit: South Korea Faces New U.S. Trade Penalties
  • 5
    12.5% Tariff Alert: Why the U.S. Is Targeting South Korean Imports

    Politics 

    12.5% Tariff Alert: Why the U.S. Is Targeting South Korean Imports

Popular Now

  • 1
    Marta Kostyuk Makes History at French Open Amid Ukraine Crisis

    Politics&nbsp

  • 2
    37 Years in Exile: The Tiananmen Leader Who Just Wants to Go Home

    Politics&nbsp

  • 3
    South Korea's Cheongju Airport Faces Crisis as Passenger Numbers Explode

    Politics&nbsp

  • 4
    Nuclear Submarine Race: South Korea's High-Stakes Bid for U.S. Fuel

    Politics&nbsp

  • 5
    France Finally Admits Complicity in the 1994 Rwandan Genocide

    Politics&nbsp

Weekly Best Articles

  • Choi Dong-seok’s Family Bond: How a Simple Engraving Reveals Deep Love for His Children
  • Kwak Sun-hee’s Stunning Wedding Photos: A Celebration of Love and Courage
  • Is ‘I Am a Natural Person’ Just a Big Lie? Comedian Yoon-taek Reveals Shocking Secrets!
  • Health Scare: Why Fans Are Worried About Go Ji Yong’s Dramatic Weight Loss
  • Discover the Winter Gongju Chestnut Festival: A Taste of Korea at H-Mart in the USA!
  • 2026 Spring Wildfire Prevention: How Gyeryong City is Cutting Response Time to 30 Minutes!

Must-Reads

  • 1
    Ukraine’s EU Bid Surges as Hungary Drops Opposition Amid Russian Attacks

    Politics 

    Ukraine’s EU Bid Surges as Hungary Drops Opposition Amid Russian Attacks
  • 2
    Trump Backs Colombia's 'El Tigre' — What It Means for U.S. Relations

    Politics 

    Trump Backs Colombia’s ‘El Tigre’ — What It Means for U.S. Relations
  • 3
    Trump Backs Colombia's Far-Right Outsider—What's at Stake?

    Politics 

    Trump Backs Colombia’s Far-Right Outsider—What’s at Stake?
  • 4
    12.5% Tariff Hit: South Korea Faces New U.S. Trade Penalties

    Politics 

    12.5% Tariff Hit: South Korea Faces New U.S. Trade Penalties
  • 5
    12.5% Tariff Alert: Why the U.S. Is Targeting South Korean Imports

    Politics 

    12.5% Tariff Alert: Why the U.S. Is Targeting South Korean Imports

Popular Now

  • 1
    Marta Kostyuk Makes History at French Open Amid Ukraine Crisis

    Politics 

  • 2
    37 Years in Exile: The Tiananmen Leader Who Just Wants to Go Home

    Politics 

  • 3
    South Korea's Cheongju Airport Faces Crisis as Passenger Numbers Explode

    Politics 

  • 4
    Nuclear Submarine Race: South Korea's High-Stakes Bid for U.S. Fuel

    Politics 

  • 5
    France Finally Admits Complicity in the 1994 Rwandan Genocide

    Politics