China's Central Bank Investigating Frozen Bank Accounts
#1

The Talk Cock gang gave you part of the story but left out the most crucial part - like all habitual liars they post half truths.

Of course there is justice in  China unlike in the west - just take a look at Canada PM Trudeau froze the bank accounts of peaceful protesters ...

Here's the full story of frozen bank accounts in Henan:

Central China’s Henan Province banking and insurance industry regulator and the province's financial affairs supervision bureau said on Sunday that they will announce a plan in the near future to deal with the clients of four local banks who previously denounced they had problems withdrawing money from local banks. 

The authorities said they were ramping up the verification of the information of the clients and laying out a plan to protect the people’s legal rights. They urged those who were affected to register as soon as possible. 

Since April 18, clients of four rural banks in Henan and one in neighboring Anhui Province found that they could not withdraw their cash. Later, some of them complained online that they could not make their planned trip to Zhengzhou to report this issue because their digital health codes, which track people's travel and COVID-19 nucleic acid test information, turned red. In order to prevent the spread of COVID-19, most public places and public transportation services in Chinese cities require people to present a green health code taken within 48-72 hours to show that the holders are safe from COVID-19 infections.

After an initial probe, the Henan authorities said on June 18 that the Henan New Wealth Group was found to have accessed and manipulated the online trading systems of the Yuzhou Xin Minsheng Village Bank and three other rural lenders.

The public security bureau in Henan’s Xuchang city previously filed a case against Henan New Wealth Group and arrested a number of suspects.

Xuchang police said in a statement on Sunday that they had arrested other suspects and froze a batch of assets involved in the case.

Further investigations showed that, since 2011, a group led by a suspect named Lu Yi, the actual head of the Henan New Wealth Group, had been using the village’s banks to engage in illicit activities and various serious crimes, the statement said.

Meanwhile, the red health code issue has sparked public outrage, prompting suspicions of abuse of the health code system in the province. On June 22, five officials from Zhengzhou, Henan, were punished for abusing the health code system.

https://www.globaltimes.cn/page/202207/1270207.shtml
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