Related News
School fleeces students for loan business
By Pan Zheng |
December 20, 2011, Tuesday
|
Online Edition
Online Edition
A middle school in the eastern Anhui Province was found to have earned more than 7.7 million yuan in recent years by charging fees on students. Most of the money was then used to lend loans, Anhui Market News reported today.
The accountant of Huangtang Middle School in Nanling County, surnamed Sheng, has been sentenced to three years in prison with a three-year reprieve for embezzlement and the school principal surnamed Zhang was given disciplinary punishment.
The prosecutors said they received tip-offs from some teachers in June and started an investigation which showed that the school made more than 7.7 million yuan in the past few years by charging various fees, such as costs for extra lessons and text materials.
The prosecutors said some money was used to pay teachers as bonuses but the majority was deposited in a company for lending. Zhang and Sheng earned more than 100,000 yuan from the loan business.
The accountant of Huangtang Middle School in Nanling County, surnamed Sheng, has been sentenced to three years in prison with a three-year reprieve for embezzlement and the school principal surnamed Zhang was given disciplinary punishment.
The prosecutors said they received tip-offs from some teachers in June and started an investigation which showed that the school made more than 7.7 million yuan in the past few years by charging various fees, such as costs for extra lessons and text materials.
The prosecutors said some money was used to pay teachers as bonuses but the majority was deposited in a company for lending. Zhang and Sheng earned more than 100,000 yuan from the loan business.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
