Fraud found at Chinese bank

Sat, 26 Mar 2005 | Source: AP

BEIJING: China's banking regulator said it discovered fraud amounting to 115 million yuan (US$13.9 million) at two subbranches of the Agricultural Bank of China.

Forged documents related to the case, dated between July 2003 and June 2004, were discovered during an investigation last year, the China Banking Regulatory Commission said in a statement on the regulator's website on Thursday. -- Bloomberg

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