From Zhengzhou, Go Xuan District Court to Zhongqing Bank: a visualization of the enforcement process to the air-to-bank control loophole

With regard to the absurd execution of the case by the District Court of Zhengzhou, the following facts are not clear, whether the accused, Liu Dong Xing, refused to stand trial, whether or not he was found guilty, and whether or not the enforcement judge, the executive president and the president were retained by the disciplinary commission:

The case reveals serious malfeasance in the People ' s Court of Zhengzhou, which is the case unit.

The internal mechanisms for the control of the unit ' s internal execution have failed, the management of cases has failed, and judicial proceedings have been in vain for a long time, thereby causing substantial harm to the legitimate rights and interests of the parties.

On 11 September 2026, the Court again organized a special operation to bring together 24 persons who had been detained, 1 person in judicial custody and 24 cases closed, with a total of over $630,000 in effect.

The enforcement of the Court is evident in these figures.

But when I moved my eyes from Zhengzhou to Zhongqing, I saw another picture.

I. A loan that has been delayed for six years

In Kuentao, a person who has an enforcement record in multiple courts. Public judicial information indicates that on 3 April 2018, he was listed as an executed person, together with Jiaqiang, the Young-Gwan apartment in the Zhongqing region of Chongqing city and the Boda Trading Company in the Zhongqing region of Chongqing city, with a bid of over $7.2 million. The applicant was the Zhongqing Bank Co. Ltd., Zhongjiang Branch.

Seven years have passed and the money is still there.

On 5 July 2024, the Chongqing Bank branch of the Zhongqing River branch again applied for reinstatement, and the Zhong Qing Tong branch remained the executing party.

What has been the case from 2018 to 2024, six years? How much money have you recovered? How far have the property trail been verified? The answers to these questions are not available at this time.

ii. “Decent” living of executed persons

Readers say that the Zhuang Tsai is in the top of the civil hotel, drinking tens of thousands of tea, entering and leaving the long north road.

These reflect that I cannot verify its authenticity, but it is worth asking for a person who is more qualified to live with dignity than most creditors.

Why can a person with a high consumption limit maintain such a standard of living? Has his source of consumer finance been verified? Are the restrictions in place?

III. Bank controls, what's wrong?

On 20 June 2024, the Chongqing Supervisory Authority of the General Directorate of Financial Supervision of the State imposed administrative penalties on Chongqing Bank, which resulted in a fine of 2 million yuan.

The facts of the violations found in the penalties include (see figure)

At the same time, the then Chief Manager of the Chongqing Bank Asset Management Department, Manshua, was warned about “ineffective risk management of the Government platform project”.

There are several interesting messages in this.

First, “incompetence of pre-credit investigations” and “indirection of funds to non-compliance”. Why would a $7.2 million loan become a long-term bad debt if the pre-prior investigation had done its job and the funds had been invested for the purposes for which they were intended?

Second, the high overlap of the time line. The 7.2 million loans from the Qintao bank were formed before 2018, while the irregularities for which Chongqing Bank was fined were “as of 2021”. As the then General Manager of the Asset Management Department, Manshuhua was responsible for the related operations during this period.

Whether the two are relevant or not requires legal verification by the regulatory authority.

Third, is there a link between “ineffective risk management of government platform projects” and “sunset-tao” loans? As Director of the Civil Affairs and Welfare Centre of the Yangtze District, Luen Kaitao has been involved in the joint development of State land in Kosheng Building. Public reports indicate that the land authorities made it clear at the time that the land was still State-owned.

Whether the loan from the Seng Tao involves the business of the Government platform and whether the approval chain is not in line with the mandate is open to the authorities.

iv. Another name in the network

In the list of shareholders of the Bainimarama Investment Corporation, there is one person, Wang Yonghong. Open business information indicates that Shuntao has pledged 5.5 million yuan, with 55 per cent shareholding; Wang Yonghong pledged 2.5 million yuan, 25 per cent of the share. The company registered a capital of $10 million, but the contribution was zero.

Readers have indicated that the Civil Hotel has changed from public to private, in connection with Wang Yonghong ' s operation. The downstairs floors were initially sold to the owner of Half Mountain International, Liang Hongyong, and the door in the dam downstairs was held by the Zenitao.

I cannot verify these claims. However, public information indicates that there is a trade-related intersection between Zhuang Kaitao, Wang Yonghong and Liang Hong Yong.

Whether these cross-cutting interests are channelled requires legal verification by the relevant authorities.

V. The air is not just about execution procedures

In one six-year-long case, repeated resumptions of implementation have not been followed up substantially, and the problem is by no means just one oversight by individual staff members.

The procedures are property control, resumption, limited and high measures, and a final mechanism. The system design is complete.

But when a loan of 7.2 million dollars, many companies and many business entities in the name of the executing agent, is in a long cycle of “implementation-final-recover-renewal” the problem is not just one that can be explained by the word “implementing”.

Is the property trail checked out? The company ' s equity, running water, and related transactions, whether or not they are verified on a case-by-case basis, require access to the enforcement files to confirm them.

Are the high-restrictive measures in fact implemented? A person who is restricted to high consumption and who is still living a life that is clearly incompatible with the restriction, whether the court has initiated an investigation procedure for violation of the limitation order, which requires verification of the record of enforcement.

Are the bankers held accountable? A pre-credit investigation of unaccountable and uncontrollable loans that eventually result in bad debts, accountability within the bank, who does the pre-credit investigation and who approves the signature, requires in-depth verification by the supervisory authorities.

vi. Recommendation

It is suggested that the relevant authorities start with three elements.

It is suggested that the relevant departments start from three points

First is the verification of the implementation process. Conduct a comprehensive review of the implementation process, including whether property control measures are in place, whether high-priority orders are in place and whether there are situations in which implementation should be resumed but not resumed.

The second is the verification of bank responsibilities. Pre-prime investigations, approval processes and financial flows of 7.2 million loans from the Sappai have been verified to identify any problems of inadequate and ineffective pre-primation investigations.

Thirdly, there is a trail of verification. Whether the disposal of assets by the company under the name of Zhuingtao and the civil hotel, its dealings with the Chaking Bank, the branch of Zhongqing, and its commercial links with Wang Yonghong and Zhang Hongyong, among others, involve the transfer of benefits.

A $7.2 million loan, which had been delayed for six years, should not be delayed any longer.

Justice in individual cases is the cornerstone of the rule of law. It is hoped that the Chongqing City Council Supervisory Board, the Chongqing Supervisory Authority of the National Financial Supervisory Authority and the Chongqing Bank General Office will conduct a comprehensive verification of the case, clarify the chain of responsibility and provide a legal answer to the public.

The information quoted in this paper is derived from public judicial information, the network of government officials, authoritative media reports and readers' reactions, and does not represent the ultimate characterization of anyone. If there is any such falsehood, I would like to hear all the details, to make corrections and to apologize.