A company in Yunnan was accused of collaborating with bank employees to defraud loans of more than 1 billion yuan.

　　Xinhua News Agency, Kunming, October 15th (Reporter Wang Yan) On the 14th, the Wuhua District Court of Kunming held a hearing on a case: Yunnan Xingchangzheng Investment Development Holding Group Co., Ltd. and several senior executives of the company were sued for allegedly defrauding loans, bill acceptance and so on for more than 1 billion yuan. Surprisingly, a deputy manager of the customer department in the bank joined hands with the company to defraud these funds.

　　The prosecution accused Xingchangzheng Group Company of committing a number of crimes. For example, from August 2013 to January 2015, it signed a maximum mortgage contract with a bank with false land and house ownership certificates, and Duan Nian, vice president of the company, and Jiang Renbo, president of the financial operation center, arranged for people to apply for loans and bank acceptance bills from the bank in the name of applying for working capital or purchasing goods in the name of several affiliated companies of Xingchangzheng Group Company, and obtained six loans totaling more than 270 million yuan. Obtained 34 bank acceptance bills, totaling more than 990 million yuan, and paid a bank acceptance bill deposit of 270 million yuan. Similar behaviors also occurred in December 2014 and January 2015, involving tens of millions of yuan.

　　Li Ning, the deputy manager of the customer department of this bank, was also accused by the prosecution: from July 2014 to January 2015, the defendant Li Ning accepted the company’s request and used his position to change the deposit amount of the company’s acceptance bills in the bank credit system without authorization, inflated the credit line, issued two loans totaling more than 100 million yuan to the company and issued 21 bank acceptance bills totaling more than 700 million yuan. Star Long March Group Company has given Li Ning a benefit fee of 3 million yuan to thank him. In October 2014, Li Ning, Jiang Renbo and Liu Liang obtained a bank loan of 12 million yuan in the name of a company, which was repaid by the bank after being discovered, and the rest has not been returned yet.

　　The public prosecutor believes that the defendant unit should be investigated for the crime of defrauding loans and accepting bills, and the crime of bribery of non-state staff should be investigated for criminal responsibility; Li Ning should be investigated for criminal responsibility for the crimes of illegally issuing loans, illegally issuing financial tickets, accepting bribes by non-state staff and defrauding loans. Duan Nian, Jiang Renbo, Liu Liang and others are involved in many crimes, such as defrauding loans, defrauding bill acceptance, and bribing non-state staff. The trial of the case lasted until the 15th, and it was still going on at the time of press release.