Bank of China (BOC) officials are investigating the alleged theft of 2.6
million yuan (US$332,000) in cash by a branch manager from the vault of his own
Xiao Kui, a manager at BOC's Yicheng City subbranch in Central China's Hubei
Province, allegedly walked out of his bank with the cash stuffed in a large bag
Nov. 26, according to media reports. The theft was not uncovered until a week
The manager had previously applied for annual leave and the robbery was not
discovered until Sunday night, when he failed to show up at work to open the
safe in preparation for business Monday.
When employees finally managed to open the safe they found the money was
In two separate cases reported Wednesday, a land administration official in
Zhengzhou, Henan Province, and a BOC official in Hainan were each sentenced to
five years in prison for accepting bribes.
Dong Jili was sentenced for taking "massive bribes" from a real estate
developer in Zhengzhou, capital of Henan, in return for approving land sales,
and Tang Xiaoping was convicted of taking a 100,000-yuan bribe in return for
approving a loan to a real estate company.