日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Home / English Column / Business (new) / Photo news Tools: Save | Print | E-mail | Most Read
Irregularities in Agricultural Bank Involve 51.6 Bln Yuan: Auditor
Adjust font size:

An annual check on the Agricultural Bank of China, one of the "big four" state banks in China, had uncovered irregularities involving 51.6 billion yuan (US$6.45 billion) in its business in 2004, the National Audit Office announced Monday.

According to the latest audit report, "irregulate operation" was cited as a "prominent problem" for the bank.

Irregularities in deposit business involved 14.27 billion yuan, with another 27.62 billion yuan on granting loans, while the fraudulous bill issuance involved 9.72 billion yuan, the report said.

The deposit frauds included altering deposit categories, embezzling clients' savings, opening undue accounts, the report said, adding that violations in granting loans mainly existed in fields like auto loans and land reservation loans, according to the report.

"Some agricultural bank branches turned a blind eye on bill issuance, causing numerous frauds," the report said.

Auditors also found 157 people suspicious for economic crimes in 57 fraud cases that involved 8.68 billion yuan. Some of these cases were conspiracy set up by bank employees and outsiders, the report said.

Loans granting to universities were categorized as a "high risk business" in the report, as it said school's limited sources of funding can hardly to pay back rising school loans.

The auditors launched the check on agricultural bank in 2005 over its 21 local branches in places such as Beijing, Tianjin and Shanghai.

Among China's "Big Four", Agricultural Bank is the only one left open to bank reforms. The three others have either converted to joint-stock companies or sold shares to public investors.

(Xinhua News Agency, June 26, 2006)

Tools: Save | Print | E-mail | Most Read

Related Stories
Gov't Agencies Return US$520m of Funding
Amended Audit Law Adopted
Gov't to Audit Three Gorges Dam Project
4,000 PLA Officers Set for Audit by End of 2010
China to Audit Officers over Military Spending
Audits to Improve Financial Performance
30 Fund Misusing Govt Depts Still to Respond to Audit
Internal Auditing Drive to Curb Graft
Auditors to Check Unemployment Insurance Funds Nationwide
?
SiteMap | About Us | RSS | Newsletter | Feedback
SEARCH THIS SITE
Copyright ? China.org.cn. All Rights Reserved ????E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP證 040089號
主站蜘蛛池模板: 顺昌县| 双牌县| 白银市| 永福县| 梓潼县| 营口市| 桐庐县| 旺苍县| 马山县| 临汾市| 正宁县| 五家渠市| 沈丘县| 汝阳县| 陵水| 武陟县| 新民市| 阳山县| 徐州市| 耒阳市| 长海县| 湖北省| 青龙| 乌审旗| 榆社县| 沾化县| 隆昌县| 利川市| 巨野县| 鹰潭市| 博客| 苗栗县| 罗甸县| 平利县| 信丰县| 东城区| 莆田市| 古蔺县| 柳河县| 宝清县| 五莲县|