Recently, the problem of illegal lending has repeatedly appeared in the review and investigation report, and a number of typical cases have been exposed, releasing a clear signal that the discipline inspection and supervision agencies will severely punish the actual violations of discipline and law in the name of borrowing and collecting interest. Among them, for Yin Zhong, the former secretary of the Longchang Municipal Party Committee in Sichuan Province, using high interest rates to lend and accept bribes was once a business practice that he thought was hidden, and he even charged 100% annual interest rates at the highest. At present, Yin Zhong has been expelled from the party and public office, and his suspected crimes have been transferred to the procuratorate for review and prosecution according to law, and the property involved has also been transferred. | Related reading (Financial Association)
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