Bank staff charged in theft of 540m yuan | South China Morning Post
  • Wed
  • Jan 28, 2015
  • Updated: 10:09am

Changchun baby murder

On March 4, 2013, a grey Toyota RAV4 was stolen from outside a convenience store in Changchun's Luyuan district. Strapped into the back seat was Xu Haobo, a two-month-old baby boy. A city-wide manhunt was launched and on March 5 the stolen SUV was found abandoned outside the Yingchengzi Elementary School in Yongfa township. Later that day, a 48-year-old man handed himself in to police, confessing that he had choked the baby to death after stealing the vehicle and had buried its remains in the snow. 

Bank staff charged in theft of 540m yuan

PUBLISHED : Wednesday, 02 February, 2005, 12:00am
UPDATED : Wednesday, 02 February, 2005, 12:00am

Forty-six bank staff in northeast China have been charged with embezzling 540 million yuan from the Jilin Construction Bank and gambling away the money.


The case, one of the biggest on the mainland since 1949, came to light in the summer of 2001 but the suspects were only detained last July.


The thefts began early in 1999. Money was stolen from several of the bank's branches in Jilin province.


Of the 541.94 million yuan embezzled, 334 million yuan was gambled away in Macau casinos or wagered on soccer matches with underground bookies in Changchun .


The Modern Express Newspaper yesterday named three of the suspects as Zhang Yujie , Liu Kening and Li Jianping . Their positions with the bank were not known.


The scandal began unfolding in April 2001, when Jilin provincial authorities and public security bureaus in Changchun, the provincial capital, received reports that deposits totalling 100 million yuan at the Chaoyang branch of the Jilin Construction Bank in the city had been stolen.


The money had been deposited by the Jilin Power Company, the Northeastern Power Group's Jilin Bureau, the Fiscal Bureau of Changchun and the Changchun Railroad Bureau's housing funds management centre.


Two months later, bank investigators reported to the provincial Public Security Bureau that 52.5 million yuan had been stolen between April 2000 and May 2001 from a branch of the bank that specialised in railway finance.


Police found fake seals and forged documents used to steal from the bank.


Share

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive
 
 

 

 
 
 
 
 

Login

SCMP.com Account

or