More than two months after the accounts were frozen, the banks have still not issued updates about the status of the so-called systems upgrade. bankfreeze lawenforcement
China Frozen Bank Account Controversy: Affected Clients Injured During Protests, Nearly $6 Billion Missing
Some Chinese bank clients, whose accounts were frozen in April, were injured while staging a protest at the Zhengzhou branch offices of the country’s central bank. Reports from local media outlets suggest that as much as $6 billion in client funds is missing and the individual believed to be behind the disappearance is now outside China.
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