Bank clerks have price on heads

PUBLISHED : Wednesday, 18 April, 2007, 12:00am
UPDATED : Wednesday, 18 April, 2007, 12:00am

Mainland police have offered 100,000 yuan for information leading to the arrest of two men suspected of stealing nearly 51 million yuan from a Hebei branch of the Agricultural Bank of China.

The suspects, Ren Xiaofeng, 33, and Ma Xiangjing, 36, were bank employees in Handan city and were seen fleeing the bank on Saturday after staff found 51 million yuan was missing. They were employed in the branch's cash administration centre.

The Ministry of Public Security alerted police in Gansu after receiving information that the two suspects were fleeing northwest, possibly towards the province, the West Commercial Daily said.

The ministry also yesterday issued A-class warrants for the pair's arrest.

'In order to hunt down Ren and Ma as soon as possible, the public security organs hope the public will work with us,' the warrant said. 'We are offering 50,000 yuan for any information provided by individual informers or organisations that leads to the arrest of each suspect.'

Bank security on the mainland has been under scrutiny for years, with many bank workers, from junior to senior staff, being implicated in theft or embezzlement of funds.

In one well-publicised case, two bank security guards broke into a bank vault in Weihui, Henan , in October 2005 and made off with 2.7 million yuan. They also fled to Gansu, where they were arrested by Tianshui police in February last year.