BEIJING, June 5 (Xinhua) -- The recently-exposed bank
fraud case in Central China's Henan Province would not seriously affect the
operation and fiscal situation of the Bank of China (BOC), said bank spokesman
Wang Zhaowen here on Monday.
Internal inspection by the BOC found that Wu Guofang, general manager of Zhoukou Wanyuan Beer Company in
Henan, had stolen more than 100 million yuan (over 12.5 million U.S. dollars)
from the BOC Shenqiu County Branch between 2004 and 2005 by fraudulent means and
with the assistance of some bank employees.
While taking quick action to maintain the value of
assets, the BOC has made full preparations for possible asset loss, said the
spokesman.
As the Shenqiu case is still going through judicial
procedures, the BOC can't disclose case details as it is against the law, Wang
explained.
He noted that in April this year, the BOC had already
disclosed 52 fraud cases involving the bank, 46 of which were self-detected by
the BOC and 44 were historical cases. Enditem