SHANGHAI, June 10 (Xinhua) -- Bank of Communications
(BoCOM), one of China's major commercial banks, said on Saturday that it has
found out a financial fraud case involving about 200 million yuan (25 million
U.S. dollars) in one of its branches in a recent self-examination.
"We have found out a case in which
customers were defrauded of their money in our branch in Shenyang, capital
of Northeast China's Liaoning Province," said a BoCOM spokesperson in Shanghai.
The case was exposed when the BoCOM was carrying out
a new round of self examination and having its customer information management
system upgraded, said the spokesperson.
Initial investigation shows the case involved about
200 millionyuan, said the spokesperson, who gave no further details. However,
the bank claimed that it had immediately reported the case to the police and had
taken all necessary measures to reduce losses.
China's fifth largest lender, the BoCOM was listed in
Hong Kongin June 2005 and became the first major commercial bank from the
Chinese mainland to be listed overseas. Enditem