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Al Jazeera
Al Jazeera
Business

Chinese police arrest suspects in bank scandal behind protests

Chinese police say they have arrested a number of suspects and frozen funds over a growing bank scandal that has sparked unusual public protests in central Henan province [File: Reuters TV via Reuters]

Chinese police have arrested a number of suspects and frozen funds over a growing bank scandal that has sparked rare public protests in central Henan province, according to an official notice posted late on Sunday.

The arrests come after four banks in Henan froze millions of deposits in April, leaving individuals and firms unable to access their funds until now.

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