Loan scheme at Shanghai Pudong branch deepens credit worries

A former employee of Shanghai Pudong Development Bank is alleged to have acted as a loan shark and run illegal businesses to the tune of 6.4 billion yuan (HK$7.9 billion).

via Business feed http://www.scmp.com/news/china/article/1125933/loan-scheme-shanghai-pudong-branch-deepens-credit-worries