Rural banks in China’s Henan Province have frozen depositors’ accounts for more than a year, even after the authorities promised to recover losses. More than 1,000 large account holders have received no repayment, but suppression from the police and local officials, adding further miseries to their already dire situations.
On Oct. 25, local officials dispatched hundreds of police to block over 100 depositors who tried to claim their savings from the banks.