CHINA EXECUTES TWO FORMER BANK EMPLOYEES FOR FRAUD
two ex-employees of China's third-largest bank were put to death by lethal injection for defrauding customers of millions of dollars.
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two ex-employees of China's third-largest bank were put to death by lethal injection for defrauding customers of millions of dollars. Zhou Limin, a former branch manager at the China Construction Bank in the northwest city of Xian, was executed with Liu Yibing, a woman who worked as an accountant in the same branch. It was reported that over a five-year period in the late 1990s, the duo stole over 400 million yuan (51 million dollars) from customers, offering bogus high-interest accounts. After the Supreme Court had confirmed the death sentences, the two were taken to a special mobile execution chamber for the lethal injections. The two had fled abroad but were later caught and extradited -- Zhou from Hong Kong and Liu from Indonesia.
— SOURCES
- (Sources: AFP, 15/12/2006)
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