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View Full Version : China: Banks exposed to loan fraud - Independent Online



FraudNews
07-17-2014, 09:29 AM
China: Banks exposed to loan fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEXYAvyYKcQKAhNSpXLg-tMAN0mzg&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=hpfHU9DNFcv5ggf4t4GoDQ&url=http://www.iol.co.za/business/international/china-banks-exposed-to-loan-fraud-1.1720922)
Independent Online
Chinese banks had about 20 billion yuan (R35bn) of exposure to companies at the centre of a loan fraud probe in the eastern port of Qingdao, two government officials said yesterday, citing the latest findings of an inquiry. Bank of Communications had ...

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