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How is Shanghai Pudong Development Bank managing its finances now? Weibo
The financial situation of Shanghai Pudong Development Bank is very bad now. Business observation shows that Shanghai Pudong Development Bank frequently lends illegally, fraudulently sells wealth management products for many times, and its executives change frequently, which makes Shanghai Pudong Development Bank fall into the dilemma of internal control chaos. Suqian Municipal People's Procuratorate accused the defendant Fan Xintian of taking advantage of his position as president and party secretary of Xuzhou Branch of Shanghai Pudong Development Bank to seek benefits for others in terms of corporate loans, work arrangements and job promotion, and illegally accepting other people's property for many times, equivalent to RMB 2,726,337 and US$ 7,000. From the end of 20 13 to September of 20 14, the defendant Fan Xintian illegally issued a loan of 40 million yuan. Fan Xintian was investigated for criminal responsibility for accepting bribes and illegally issuing loans. In fact, this is not the first time that Shanghai Pudong Development Bank has lent illegally.