The China Discipline Inspection Commission reports the China Discipline Inspection and Supervision News on Sunday (January 15) that a former secretary of a municipal party committee has leaned to businessmen, and the annual interest rate can be as high as 100 %.

According to the China Discipline Inspection and Supervision Daily, Wei Wei, the owner of a construction company, once asked Yin Zhong, the former secretary of the Longchang Municipal Party Committee of the Sichuan Province of the Sichuan Province of the Sichuan Province of the Sichuan Provincial Party Committee.Through Yin Zhong's coordination, Wei received a bank loan, and then came to Yin Zhong's house and sent 20,000 yuan (RMB, Same, STD 3934).

Since Yin Zhong received the money, Wei has often asked Yin Zhong to eat and entertain together.Yin Zhong said, "(Wei) began to find me to do things, and wanted to engage in real estate development. At the same time, he and me told me that his business was still very good. I hope I will borrow some money to give him a high interest."

Both parties agreed that Yin Zhong borrowed 600,000 yuan from the boss with a 96%annual interest.This alone made Yin Zhong make a profit of 5.4 million yuan in just five years.

Yin Zhong has been made after the sweetness, and even uses the job to force the borrowing to the businessman bosses. At the highest, it will receive a 100 % annual interest rate.

Yin Zhong also took the initiative to borrow a loan from Li, the general manager of a company from 2010 to 2015, agreed that the annual interest rate was 60%, and the principal was 2.2 million yuan.The high interest made Li unbearable, so he proposed to return the principal and interest twice, and calculated the interest rate of 24%at an annual interest rate.Yin Zhong set up an obstacle at work while not setting up. He was not approved for various reasons during the review of the project plot bidding plan created by Li.Li was helplessly compromised and agreed to continue to pay interest at 60%of his annual interest.

The case handler introduced that on the afternoon of Li's consent, Yin Zhong held a relevant meeting to review and pass the land plan of Li Mou's company.The drama.After investigation, in the past five years, Yin Zhong recovered a total of more than 11.44 million yuan from Li Shou, with a profit of 9.24 million yuan.

Yin Zhong has been expelled from the party and public office. He was transferred to the procuratorate to review and prosecute the prosecution in accordance with the law.