made loans for borrowers without marine aquaculture entities and did not review the authenticity of the loan materials, resulting in the overdue recovery of China Minsheng Banking Corp.Ltd(600016) 206.5 million yuan of loan funds. China Minsheng Banking Corp.Ltd(600016) four people in Dalian Branch were sentenced on suspicion of illegal loan issuance.
In response, China Minsheng Banking Corp.Ltd(600016) Dalian Branch responded to the reporter of Bank Of China Limited(601988) insurance news that the case occurred in 2013. After China Minsheng Banking Corp.Ltd(600016) Dalian Branch found clues in the risk investigation of small and micro businesses carried out by itself, it took the initiative to apply to the public security organ for filing a case, which was investigated and prosecuted by the judicial organ. After the occurrence of the case, the bank took the case as a warning and made a deep reflection. At present, all operations are in good condition, and there are no more cases and risk events.
illegal lending
206.5 million loan funds are overdue and cannot be recovered
Recently, the Dalian intermediate people’s Court of Liaoning Province issued a criminal ruling, which shows that the above four persons are: China Minsheng Banking Corp.Ltd(600016) Wang Moujun, former general manager of microenterprise and community risk management department of Dalian Branch, China Minsheng Banking Corp.Ltd(600016) Zhang moujie, manager of evaluation center of microenterprise and community risk management department of Dalian branch, China Minsheng Banking Corp.Ltd(600016) Tian, President of Yuexiu sub branch of Dalian Branch China Minsheng Banking Corp.Ltd(600016) Zhao Mouyu, sales director of Yuexiu sub branch of Dalian Branch, 4 people.
there are two facts about illegal loan issuance:
first, after the Spring Festival of 2013, Wang (handled separately) organized 98 borrowers without marine aquaculture entities through others to form 23 groups of joint insurance teams, forged contract, village committee certificate, bank flow, electricity bill and other loan materials, fictitious loan purpose, and applied for joint insurance loan from China Minsheng Banking Corp.Ltd(600016) Yuexiu sub branch.
While China Minsheng Banking Corp.Ltd(600016) Dalian branch is more than the above four people, failed to fulfill their duties in the process of loan review and approval, violated national regulations and failed to strictly review and review the purpose of the loan and the authenticity of loan materials, resulting in the loan application passing the review and approval, resulting in China Minsheng Banking Corp.Ltd(600016) Dalian Branch issuing a loan of 267.3 million yuan.
According to the judicial appraisal test of Dalian Yongtong judicial appraisal center, as of May 2015, about 170.7 million yuan of loan funds had been overdue and could not be recovered , causing particularly heavy losses to China Minsheng Banking Corp.Ltd(600016) .
the second is from March to June 2013, 8 groups of joint protection bodies were composed of 3, 4, 5 and 6 natural persons respectively, applied for a loan from China Minsheng Banking Corp.Ltd(600016) on the grounds that the operation of sea cucumber seedling needs funds.
The above four persons violated national regulations, failed to perform their post responsibilities and review the authenticity of loan materials in the review process of the above joint guarantee loan, eventually led to the approval of false materials and illegal issuance of loans.
Among them, Zhao illegally granted loans of 35 million yuan , and Tian, Zhang and Wang illegally granted loans of 53.2 million yuan .
After the loan was overdue, in addition to one group of joint guarantors (outstanding loans), the other seven groups of joint guarantors handled reverse loan through Zhao Mouyu and Tian. As of June 2019, about 35768400 yuan loan funds had been overdue and could not be recovered, including a total principal of about 20.5141 million yuan, a total interest of about 555800 yuan and a total penalty interest of about 14.6985 million yuan.
To sum up, China Minsheng Banking Corp.Ltd(600016) Dalian Branch issued loans totaling 355.5 million yuan, of which 206.5 million loan funds were overdue and could not be recovered.
4 sentenced
at the same time, one person was found guilty of bribery
In addition, the public prosecution also accused the following facts:
In September 2013, while serving as the general manager of China Minsheng Banking Corp.Ltd(600016) Dalian Branch microenterprise and community risk management department, the defendant Wang Moujun asked Tian for RMB 1.56 million twice in the name of purchasing real estate and decorating houses.
In April 2014, China Minsheng Banking Corp.Ltd(600016) found that there were irregularities in the collection and use of the above loan funds, began to investigate, and Wang returned 1.56 million yuan in cash to Tian.
In July and August 2013, the defendant Zhang moujie, while serving as the manager of the evaluation center of China Minsheng Banking Corp.Ltd(600016) Dalian Branch microenterprise and community risk management department, took advantage of his position, violated the relevant provisions of China Minsheng Banking Corp.Ltd(600016) loan, granted a loan of more than 20 million yuan to MA (handled in another case), and later received a Cartier women’s watch from Ma, worth 35000 yuan; One Burberry men’s windbreaker, worth 10500 yuan. The stolen goods have been recovered after the crime.
After investigation, the public prosecution accused Zhang moujie of accepting other people’s property worth 45500 yuan. According to Article 11 of the interpretation of the Supreme People’s court and the Supreme People’s Procuratorate on Several Issues concerning the application of law in handling criminal cases of corruption and bribery, the starting point for a large amount of bribery of non-state staff is 60000 yuan, The amount of property received by the defendant Zhang moujie did not reach a large starting point, so he did not support the accusation of the public prosecution.
Finally, the court of first instance held that the defendants Zhao Mouyu, Tian Mou, Zhang moujie and Wang Moujun issued loans in violation of state regulations, with a particularly huge amount, and their acts violated the state’s management system for loan activities of financial institutions and the property rights of financial institutions . To sum up, the court sentenced the above-mentioned persons to imprisonment of RMB 100000 for five years. At the same time, it is determined that Wang Moujun is a non-state functionary who has committed the crime of bribery.
The original judgment was upheld in the second instance.
China Minsheng Banking Corp.Ltd(600016) Dalian Branch response
China Minsheng Banking Corp.Ltd(600016) Dalian Branch responded to the reporter of Bank Of China Limited(601988) insurance news on January 30, saying that the case occurred in 2013. After China Minsheng Banking Corp.Ltd(600016) Dalian Branch found clues in the risk investigation of small and micro businesses carried out by itself, it took the initiative to apply to the public security organ for filing the case. After investigation and prosecution by the judicial organ, the case was concluded in 2015, and the persons involved were investigated for criminal responsibility. The procuratorate protested against the judgment and some people involved appealed. The court made a final ruling in 2021, rejecting the protest and appeal and upholding the original judgment.
China Minsheng Banking Corp.Ltd(600016) Dalian Branch said that after the case occurred, the bank took the case as a warning, deeply reflected, deepened the construction of system, comprehensively improved the implementation of internal control, actively implemented the supervision and the head office’s management requirements on credit business, strengthened the management of key links and risk weak links, strengthened operational risk management, and established the supervision, restriction and Inspection mechanism and compliance management level have been significantly improved. At the same time, in accordance with the reform deployment of the head office, vigorously change and optimize the business model. At present, all operations are in good condition, and there are no more cases and risk events.
