China’s top auditor says major state banks have committed tax evasion or lending violations

by | Jun 26, 2026 | Asia

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Bank of China evaded paying 2.4 billion yuan (US$352 million) in tax while Agricultural Bank of China illegally issued 11 billion yuan in loans to farmland projects, says China’s top audit body.

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Written by Albert Pham, News Curator and Blogger

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