Apr 25, 2022 03:55 PM (GMT+8) · EqualOcean
According to the announcement on the delivery of the prior notice of administrative punishment disclosed by Jiangxi banking and Insurance Regulatory Bureau on April 25, Qiu Qiang, when serving as the chairman and vice chairman of Zhongjiang International Trust Co., Ltd. (now cedar International Trust Co., Ltd.), the company had illegal acts of illegally investing and establishing non-financial subsidiaries and carrying out related party transactions, failing to effectively perform its management responsibilities, illegally issuing self owned capital loans and unreported related party transactions, They should bear direct responsibility. Jiangxi banking and insurance regulatory bureau plans to give Qiu Qiang a warning and an administrative punishment prohibiting him from engaging in banking work for life.