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July 12, 2022, 5:51 AM
Chinese authorities will start repaying most of the victims in the nation’s biggest bank scam after hundreds of angry customers took to the streets again over the weekend to ratchet up pressure on the government.
Clients from the four rural banks in the central province of Henan and one in Anhui will be repaid “in advance” starting Friday, according to statements by local branches of the China Banking and Insurance Regulatory Commission. Individuals with deposits of up to 50,000 yuan ($7,400) will be repaid first, with arrangements for the rest subject to further notice.
Hundreds of bank customers protested on …
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