Ji'Nan Forged Notes Case &Nbsp, Involving Many Banks And Enterprises

Recently, Shandong Ji'nan police seized a "huge forgery".

In December 30th, the relevant head of the Shandong banking regulatory bureau confirmed the case by "finance and economics" reporter, and has entered the public security investigation procedure.

"Regulatory authorities have also asked banks to conduct a comprehensive risk investigation, strengthen risk management and control, and closely cooperate with the Ministry of public security's investigation and management office."

The above said that the banking industry is operating normally, and the regulatory measures used by the banking regulatory bureau are also routine tools.

As the amount and responsibility of the case have not yet been determined, it is necessary to wait for the result of investigation by the public security department.

According to the news released by the Ji'nan Public Security Bureau on December 23rd at the Shungeng Hillview Hotel, the case is known as "Liu Mou's alleged large forged financial ticket case". "At present, the work of case detection is progressing smoothly, and the deposit safety of the capital and residents and units is guaranteed to the maximum extent, and the relevant financial institutions operate normally."

The specific case is that in December 6th, when a bank in Ji'nan accepted the business consultation, it was found that the deposit certificate issued by the deposit unit was forged and subsequently reported.

The Ji'nan Public Security Bureau set up a task force to arrest the suspect Liu Mou and other suspects.

At present, it is initially identified that "Liu Moumou has repeatedly defrauded funds by forging financial coupons and other means, involving some financial institutions and enterprises in Ji'nan, whose behavior disrupts the economic and financial order."

According to "finance and economics" reporter, the financial institutions involved in the case have local banks Qilu bank and some branches of banks in Ji'nan.

The rapid expansion of Qilu bank has been cited as the leading actor in the case. Chairman Qiu Yunzhang and governor Guo Tao were arrested.

People from Shandong banking regulatory bureau have been rumoured to be arrested by reporters of the finance and Economics Bureau of the Qilu bank. They also say that two people often appear in business activities at the end of the bank.

In December 30th, Qiu Yunzhang also confirmed to reporters that he was still in charge of the work within the telephone and text messages, and admitted that the case involved Qilu bank, but the amount involved should be identified by the public security department, not 6 billion yuan anecdotal.

Qilu bank was founded on the basis of 16 Ji'nan city credit cooperatives and 1 city credit cooperatives, and introduced the CBA holding 20% as the largest shareholder.

By the end of 2009, the total assets were 61 billion 800 million yuan, the capital adequacy ratio was 11.66%, and the non-performing loans accounted for 1.99%.

Despite the fact that the case is not completely clear, many senior financial executives said the case was similar to the usual pattern of bank acceptance bills in the years.

On the one hand, at present, only a portion of the accepted bills are electronically executed, most of them are paper, and the systems of the large and small banks are not uniform. The banks can not be cheated on the spot to identify the true and false of the acceptance bills.

On the other hand, due to the improper internal management of banks, the bill business lacks standardization, and internal cheating is inevitable.

A senior bank official also said at an internal conference this year that bills business has become a "problem prone area" and needs urgent regulation.