[news] November 14th report Beijing (market information) days before the media exposure, Shenmu county in Shaanxi province Industrial and Commercial Bureau Yao Jimin, Li Xingchang and other 5 cadres opened a "part-time" partnership "underground banks", attract the internal Industrial and Commercial Bureau 19 cadres and workers and social funds amounted to 40 million yuan. Under the 2014 Shenmu private capital crash impact, private funds suffered collapse. 5 partners because of debt problems and falling out of about 17000000, office is investigating the case of non Shenmu County Commission for Discipline Inspection and.

The illegal private banks, absorbs about 40 natural persons of more than 40 million yuan of funds. Among them, only the county Industrial and Commercial Bureau have 19 public officials to participate in the activities of bank credit.

Allegedly, 5 people run banks, has also hired accounting cashier staff to maintain the daily work, and the creation of a part of the bank account transactions. From June 2010 to January 2011, just six months, all 5 people to recover the principal investment, a January 20, 2011 issued by the "dividends" banks confirmed that Li Zhijun Industrial and Commercial Bureau 5 cadres and shareholder dividends were 700 thousand yuan; in addition, also received 300 thousand yuan bonus.

The weather is unpredictable, because at the end of 2014, private lending Shenmu have collapsed, 5 cadres of Shenmu Industrial and Commercial Bureau business banks have not escaped the robbery. As of early 2015, the bank accumulated debt of 17 million 180 thousand yuan.

In order to repay the debt. In January 8, 2015, under the coordination of Wen Zhihui, deputy director of trade and Industry Bureau, 5 cadres signed a "credit division agreement" and a "debt division agreement". The debt division agreement on the 17 million 180 thousand yuan of debt was divided. 5, as the shareholders of the trade and Industry Bureau cadres signed the agreement, the trade and Industry Bureau deputy director and a deputy director of the field as a proof of the cadres also signed a name.

5 of the shareholders, some of the creditors, and not willing to bear the debt of its own. According to the whistleblower Li Xingchang said, as public officials and members of Shenmu Industrial and Commercial Bureau, these 5 people including himself, involved in illegal fund-raising, has alleged violation of discipline of Party members and cadres. He will be at the beginning of June 2016, real-name reporting/real-name whistleblowing material sent to the Shenmu County Commission for Discipline inspection. Followed by the network to the provincial Commission for Discipline Inspection to submit a report material.

Because Yao Jimin, Li Xingchang Li Zhijun, the debt problems of the court, June 24, 2013 Shenmu county people's court civil mediation book (2013) [02578] God min Chu Zi no.. Mediation book shows: the defendant Yao Jimin to repay the plaintiff Jia Yong loan principal of 2 million yuan and interest. Interest from June 12, 2012 until the date of completion of the loan repayment, the monthly interest rate is calculated at 2%, at the commencement of this mediation agreement to repay the loan principal of 900 thousand yuan, in September 24, 2013 to repay the loan principal of 700 thousand yuan, in December 24, 2013 to repay the remaining loan principal of 400 thousand yuan. The interest on all the above borrowings is paid off before January 24, 2014. The defendant Li Zhijun, Li Xingchang bear joint and several liability. The case is still being executed.

In November 7th, the reporter in the survey, Shenmu county at the non office staff told reporters: "5 cadres Shenmu Industrial and Commercial Bureau alleged illegal fund-raising, will be the study to determine the nature of the case, and further tracing."

Director of the office of Shenmu Industrial and Commercial Bureau also confirmed that he is from the WeChat circle saw 5 cadres to participate in fund-raising, the Bureau has 19 cadres and workers have shares, are minor, fukeyishang. Ordinary people do not let shares. Specific things are not clear, the report by the office of the non handle.