Another anti-corruption storm in Yunnan Rural Credit System

In March this year, after the inspection team of the Yunnan Provincial Party Committee entered the Yunnan Rural Credit Union, a new round of anti-corruption storm started in the Yunnan Rural Credit Union system.
The latest loser is Xu Lu, former secretary of the Party Committee and chairman of Yunnan Menglian Rural Commercial Bank.

Xu Lu, former chairman of Menglian County Rural Commercial Bank, falls down
On May 17, the official micro blog of the Yunnan Commission for Discipline Inspection, "Cool Yunnan", reported that Xu Lu, the former secretary of the Party committee and chairman of the Menglian County Rural Commercial Bank of Yunnan, was suspected of serious violations of discipline and was subject to disciplinary review and supervision investigation.

Xu Lu was born in Lancang County, Puer City in 1973. He graduated from Bank of Yunnan School and was assigned to Industrial and Commercial Bank of China Lancang County Sub branch in 1993. In 2005, Industrial and Commercial Bank of China Lancang County Branch was restructured and cancelled, and Xu Lu was assigned to Lancang County Rural Credit Cooperative.
In 2010, Xu Lu was transferred to Menglian Rural Credit Cooperative Union as a member of the Party Committee, secretary of the Discipline Inspection Commission and chairman of the Board of Supervisors. In 2016, Xu Lu was promoted to Secretary of the Party Committee and Chairman of the Rural Credit Cooperative Association of Menglian County.
In December 2019, the former Menglian Rural Credit Cooperative Union was reorganized into Yunnan Menglian Rural Commercial Bank Co., Ltd., and Xu Lu was the chairman of Yunnan Menglian Rural Commercial Bank.
In July 2022, the legal representative of Yunnan Menglian Rural Commercial Bank was changed from Xu Lu to Zhou Fan.
Several cadres of rural credit cooperatives in Yunnan were investigated
According to the unified deployment of the Yunnan Provincial Party Committee, in March this year, the fifth inspection group of the Provincial Party Committee began to inspect the Party Committee of the Rural Credit Union of Yunnan Province. This round of inspection lasts about two months.

In addition to Xu Lu, after the inspection team arrived, from April 24 to May 17, six management cadres of Yunnan Rural Credit System were investigated, including:
On April 24, Rao Shijin, President of Rural Credit Union in Yanjin County, Yunnan Province;
On April 24, Xiao San, former chairman of Rural Commercial Bank of China, Zhaoyang District, Zhaotong City, Yunnan Province;
On April 24, Zeng Yong, the former chairman of Yunnan Qiaojia Rural Commercial Bank;
On April 30, Peng Mingchang, Chairman of the Rural Commercial Bank of Longchuan County, Yunnan Province;
On May 10, Wu Yonghong, former director of Rural Credit Union in Chenggong District, Kunming City, Yunnan Province;
On May 10, Yang Shengkui, the former chairman of Yunnan Jinghong Rural Commercial Bank.
In January this year, Li Pintao, Deputy General Manager of the Operation Management Department of Yunnan Rural Credit Union, was investigated; In March, Sun Shaoxian, the former party secretary and director of Diqing Office of Yunnan Rural Credit Union, voluntarily surrendered.
Yunnan Rural Credit Union was established in March 2005 to perform the functions of "management, guidance, coordination and service" to the provincial rural credit cooperatives. It has formed a three-level legal person system with Yunnan Federation as the core, 2 municipal associations, 14 prefecture and city offices, 98 county-level associations, 3 rural cooperative banks, and 29 agricultural and commercial behaviors.
By the end of March 2023, the asset scale of Yunnan Rural Credit Union has exceeded 1.27 trillion yuan, the balance of deposits has exceeded 1.05 trillion yuan, and the balance of loans has exceeded 753.259 billion yuan.
The female director fell down and dragged down four men
This is not the first time that the Yunnan Rural Credit System has launched an anti-corruption storm.
In July 2015, Luo Min, the then 48 year old director of Yunnan Provincial Associated Press, was investigated for serious violations of discipline, revealing the "nest case" of Yunnan Provincial Associated Press.

After her accident, people around her had problems like snowballs:
In June 2017, Wan Renli, president of Yunnan Associated Press, was organized for review on suspicion of serious violations of discipline.
In April 2018, Shi Zengrong, the former deputy director of Yunnan Associated Press, was suspected of serious violations of discipline and was subject to disciplinary review and supervision investigation.
In May 2018, Jiang Zhaogang, once the secretary of the Party Committee of Yunnan Federation, was wanted and arrested for absconding.

The newspaper of China's discipline inspection and supervision said that when Jiang Zhaogang, Wan Renli, Luo Min and others were in charge of the provincial association, they regarded the rules and regulations as decorations, and the internal supervision and restriction of enterprises were seriously absent. They took the "cake" of enterprise interests as a chip to attach themselves to dignitaries and seek personal political and economic interests.
Cao Jianfang, former member of the Standing Committee and Secretary General of Yunnan Provincial Party Committee, is responsible for the "domino effect" caused by Luo Min's fall.
Cao Jianfang, born in August 1957, has worked in the Provincial Finance Department for a long time and served as the director of the department. Luo Min is an old subordinate of Cao Jianfang in the Finance Department, and the two are lovers.
It was under the operation of Cao Jianfang that Luo Min was transferred from the Director of the Department of Finance to the post of Deputy Director of the Yunnan Federation and later promoted to Director.
In November 2013, Luo Min served as the director of Yunnan Federation, and in April 2014, Luo Min's qualification was approved by the former CBRC. What's more, it is rare for the official reply to this qualification to set up an observation period of one year.
After Luo Min's accident, Cao Jianfang was also investigated.
After the Luo Minwo case broke out, in 2021, the Yunnan Associated Press started a new round of anti-corruption storm.
In December of that year, Yang Shun, a member of the Party Leadership Group of Zhaotong Office of Yunnan Associated Press, and the former Secretary of the Party Committee and Chairman of Zhaoyang Rural Commercial Bank of Zhaotong, Yunnan, was investigated. Zhao Guangwei, the bank's president, and Hu Bo, its vice president, were both investigated.
It was Xiao Shen who was investigated in late April this year who took over Zhaoyang Rural Commercial Bank from Yang Shun.
Unexpectedly, in less than three years, Xiao Shen followed the footsteps of the former chairman.