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Another protest erupts over the billion-dollar bank fraud in Henan

Christian Fernsby |
Hundreds of people gathered before dawn on Sunday on the steps outside the People’s Bank of China building in Zhengzhou, Henan Province, in the latest clash over a banking scandal that sparked national outrage earlier this year.

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“Henan Bank, return my savings!” chanted some of the protesters, with some calling on China’s No. 2 official and economic leader, Lǐ Kèqiáng, as they held up banners to demand the return of their frozen deposits worth up to tens of billions of yuan.

Within hours, swathes of local security forces showed up to disperse the protesters, warning them that they were an illegal assembly, and would be detained if they refused to leave.

Later videos posted on social media showed the scene turning violent: One video showed an unidentified team of men in plain black or white clothes — who many have speculated were part of security forces — being pelted with water bottles and other objects as they charged into the crowd.

Another video showed individuals being shoved and dragged down the steps by the same plain-clothed men, with some protesters left with broken bones and eye injuries, according to the Financial Times.


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