One year after being dismissed, the verdict was recently announced in the case of Wang Mouyan, the former president of the Lijing Branch of Ningxia Bank, who was sentenced to seven years in prison for accepting bribes of 5.1328 million yuan.

In February 2011, 41-year-old Wang Mouyan became the deputy president of the Lijing Branch of Ningxia Bank, in charge of the business room, family car consumer loan center, marketing department, etc., and was responsible for presiding on loan review meetings. He has the right to make decisions in pre-loan investigation, loan approval, loan collection and other businesses.

In January of the following year, less than a year after taking office as deputy governor, Wang Mouyan began to find ways to make money for himself.

Nearly 5 million interest was requested in the name of loan

From 2012 to 2014, Chen, the legal representative of Ningxia XX Guarantee Service Company, gave a total of 30,000 yuan in cash in Wang Mouyan's office, and Wang Mouyan spent it one after another after receiving it.

As the power and money transactions deepened, Wang Mouyan began to seek more hidden and high-reward ways to make money. In May 2012, Wang Mouyan took the initiative to contact Yang Mou, the legal representative of the guarantee company of Yinchuan Mou Company in Ningxia, and said that she had 1 million yuan to put in Yang Mou's hands to eat interest. The interest was calculated at 3% monthly interest and the loan term was one year.

Because he asked Wang Mouyan for loan business, Yang Mou agreed on the spot. In order to avoid the regulations that bank staff are not allowed to have financial transactions with customers, Wang Mouyan used her husband Wei's account to pay 970,000 yuan to Yang Mou (30,000 yuan in the first month's interest has been deducted), and Yang Mou arranged for others to pay 30,000 yuan in interest to Wei Mou's account every month. In August 2013, Yang returned the principal of 1 million yuan, and Wang Mouyan collected 450,000 yuan in interest.

After that, Wang Mouyan put another 1.6 million yuan in Yang Mou's hands to earn interest. As of June 2018, Wang Mouyan collected a total of 1.5675 million yuan in interest on the two loans. In order to rationalize the interest collected, Wang Mouyan signed a loan agreement of 1.1 million yuan with Yang Mou in the name of her husband Wei Mou, and the loan date was re-signed until May 1, 2018, but there was no relevant loan fact.

Using this method, Wang Mouyan placed 10 million yuan on the hands of Yan, Yang, Chen, and Su to earn interest. Among them, the loan of funds involved in the case was initiated by Wang Mouyan, and the key matters such as the amount of loan, the term of loan, the interest on loan, were completely decided by Wang Mouyan unilaterally. In order not to offend Wang Mouyan and facilitate the company's business development, the four bribers agreed to Wang Mouyan's behavior of taking high interest.

The court found that from January 2012 to March 2019, Wang Mouyan took advantage of his position as deputy president and president of Lijing Branch of Ningxia Bank to receive 150,000 yuan in cash from two companies on five occasions, and demanded 4.9828 million yuan in interest from four companies in the name of loans eight times, totaling 5.1328 million yuan.

105 illegal loans

After Wang Mouyan accepted bribes, he provided assistance to five companies including Ningxia XX Technology Company and Ningxia XX Guarantee Company in pre-loan investigation, loan approval, loan conversion, loan collection, etc.

The judicial document shows that during Lin's tenancy center, Deputy Governor Wang Mouyan, in charge, inquire about the business of Yinchuan XX, and asked him to investigate and arrange it as soon as possible, relax access conditions and lower the threshold. Even though it was found that the customer's operating conditions were poor during the on-site investigation, the customer's loan was still disposed of according to the re-loan situation. After raising objections to the loan review committee member Shi and his colleague Ma, Wang Mou, were criticized on the spot by Wang Mouyan.

During his tenure as the account manager of the car loan center, Ge Moumou found that there was no business flow, the operation had stopped, the legal person was not local, and the overdue principal of the loan exceeded one month. However, the chief president Wang Mouyan asked to report to the loan review meeting normally, and required loans that do not meet the conditions for re-loan recovery and re-loan treatment, resulting in the overdue of 13 loans.

This behavior brings great adverse risks to Ningxia Bank. The judicial documents show that as of July 5, 2024, there were a total of 97 guarantee business of Yinchuan XX Guarantee Company and Yinchuan XX Company, with a principal balance of 177 million yuan. At present, all 97 businesses have been litigated. Most of the guaranteed loans of a certain Yinchuan company have no property clues for execution, and the borrowing companies and individuals have poor willingness to repay.

In addition, Ningxia XX guarantee service company has not settled its guarantee business and has 25 remaining loans. According to the five-level classification standards of the Banking Regulatory Bureau, the loan loss balance is 20.7598 million yuan. The remaining 80 loans remained for the guarantee business of a certain guarantee company in Ningxia, with a total principal balance of 11.3786 million yuan.

Phoenix Finance’s "Bank Finance Eye" sorted out the judicial documents and found that Yinchuan XX guarantee company, Ningxia XX guarantee service company, and Ningxia XX guarantee company had 72, 22, and 11 illegal loans from Ningxia Bank Lijing Branch, totaling 105 respectively. These illegal loans have problems such as unclear investigation of the borrower's operating conditions or no objective basis, loan interest is returned by employees of the guarantee company, inadequate post-loan management, untrue use of the loan, failure to handle guarantee procedures in accordance with regulations, resulting in invalid bank guarantee parts, violation of off-site credit regulations for handling business, no objective basis for investigation and determination of income status, and excessive credit.

It is worth noting that after Wang Mouyan issued loans and accepted bribes of 5.1328 million yuan many times, he was promoted to the president of Lijing Branch of Ningxia Bank in October 2019, presided over the overall work of the branch, in charge of the office, and was in charge of the first department of marketing, second department of marketing, risk department and other work.

Until February 2022, the Discipline Inspection and Supervision Group of the Autonomous Region Commission for Discipline Inspection and Supervision stationed in Ningxia conducted a preliminary investigation into Wang Mouyan's violations of discipline and laws. In March 2022, Wang Mouyan confessed his financial transactions with several bribers through his own report, truthfully confessed his criminal facts, and actively negotiated a total of 5.1328 million yuan in funds involved in the case from May 2022 to June 2024.

In March 2024, Wang Mouyan was investigated for suspected illegal issues and was taken into detention measures. In August 2024, she was arrested on suspicion of accepting bribes and is currently detained in Shizuishan City Detention Center.

The court held that as a state employee, Wang Mouyan used his position to seek benefits for others, illegally accepted property from others for a total of 150,000 yuan, and demanded interest from others of 4.9828 million yuan in the name of loans, totaling 5.1328 million yuan, with a particularly huge amount. Such an act constitutes the crime of accepting bribes. Considering that Wang Mouyan surrendered himself after committing a crime, actively returned the stolen goods and paid a fine after the incident, he could be given a lighter punishment and sentenced to seven years in prison and a fine of 500,000 yuan (paid). Wang Mouyan's bribery proceeds of 5.132,800 yuan were handed over to the state treasury (paid) according to law.

[Editor in charge: Ma Yidong PF171]