The president of a branch of Longjiang Bank illegally lent 16.1 million yuan and was sentenced to 5 years in prison

Recently, a criminal judgment published by the Judgment Document Network shows that Bai Fan, former president of the Mudanjiang Hailin Branch of Longjiang Bank, was sentenced to 5 years' imprisonment and fined 100,000 yuan by the Dong'an District People's Court of Mudanjiang City, Heilongjiang Province, for committing the crime of illegally granting loans.

According to the judgment, one day at the end of 2012, Bai Fan, then president of the Mudanjiang Hailin Branch of Longjiang Bank, found Chen Mou2, a resident of Hailin City (who had been sentenced), and invited Chen Mou2 to transfer the loan business of other banks to the Mudanjiang Hailin Branch of Longjiang Bank for handling on the grounds that the interest rate was low.

Specifically, in March 2013, Chen Mou2, in the name of his son Chen Mou3 (who has been sentenced), took a loan of 5 million yuan in the Mudanjiang Hailin Branch of Longjiang Bank for the purpose of applying for a loan for house decoration; in January 2016, Chen Mou2, in the name of his wife Chen Mou1, borrowed 4.6 million yuan from the Mudanjiang Hailin Branch of Longjiang Bank for the purpose of purchasing agricultural products; in August 2016, Chen Mou2 borrowed 6.5 million yuan in the mudanjiang Hailin branch of Longjiang Bank in the name of his relative Sun Mou1 (who has been sentenced). The purpose of the loan application is renovation and purchase. The total of the above three loans is 16.1 million yuan.

According to the judgment, in order to smoothly pass the approval of the loan, Chen Mou2 instructed Qu to forge false materials such as housing lease contracts, agricultural product purchase contracts, construction or decoration works required for the loan, and filled in the loan application materials for the purpose of the false loan. After the loan is issued, Chen Mou2 uses the funds to repay other bank loans, usurious loans, store operations, etc.

The judgment also shows that before the Mudanjiang Hailin Branch of Longjiang Bank handled the loans of Chen X 3 and Chen X 1, Bai Fan introduced Chen X2's accountants Qu X and Chen X 3 to Zou X 1 (handled in a separate case) and Vice President Lv X of the Hailin Branch of Longjiang Bank. Longjiang Bank staff in the three loans before the review, post-loan follow-up inspection process found that the data in the loan materials are not true and the purpose of the loan is not consistent with the actual use of the violation of laws and regulations, Zou Mou1 will find the problems reported to Bai Fan, Bai Fan clearly required to continue to handle the actual borrower Chen Mou2 related loan business, so as to help Chen Mou2 smoothly obtain the approval and issuance of the loan. Chen Mou2 gave Bai Fan 50,000 yuan in cash in January 2016 in order to thank Bai Fan for his help in the loan process.

It is worth noting that on July 27, 2020, Bai Fan was sentenced to 10 months in prison and fined 100,000 yuan for the above-mentioned bribery, and was originally scheduled to be released on April 14, 2021. However, Bai Fan was suspected of illegally granting loans because of the above-mentioned illegal loan issuance, and on April 13 this year, the Dong'an District People's Procuratorate of Mudanjiang City decided to arrest him.

On July 19 this year, the Dong'an District People's Court in Mudanjiang City, Heilongjiang Province, held a public hearing on the case. The court held that Bai Fan, as the president of the Mudanjiang Hailin Branch of Longjiang Bank, knew that the actual borrower of the three loans was Chen Mou2, and the purpose of the loan was inconsistent with the actual purpose, he still asked the staff to report the loan materials, sign and approve it, and did not truthfully report the problems found and existing in the pre-loan investigation at the loan review meeting of the Mudanjiang Branch, resulting in the approval and issuance of the three loans, and his behavior constituted the crime of illegally granting loans. According to the facts and circumstances of Bai Fan's crime and the degree of harm to society. In accordance with the relevant provisions of the Criminal Law of the People's Republic of China, the court sentenced Bai Fan to five years' imprisonment and fined him 100,000 yuan.

According to public information, Longjiang Bank was officially listed for business on December 25, 2009 with the approval of the China Banking Regulatory Commission, and is a provincial-level city commercial bank established on the basis of the merger and reorganization of the former Qiqihar City Commercial Bank, Mudanjiang City Commercial Bank, Daqing City Commercial Bank and Qitaihe City Credit Union.

(Editor-in-Charge: Yi Wei)