China Digital Times

Xinhua: Illegal fund-raising Causes Chaotic Petition In C China

From Xinhua:

An illegal fund-raising dispute in central China’s Hunan Province led to lenders’ chaotic petition to local authorities on Wednesday and Thursday, causing road block and railway suspension.

The lenders gathered at the Xiangxi Tujia and Miao Autonomous Prefecture government on Wednesday asking for authorities’ intervention after the fund-raising company failed to pay them back as promised.

Some of them and lookers-on swarmed to the railway station of Jishou City, capital of the prefecture, at 10 p.m., but were persuaded by officials, including provincial law and public security chief Li Jiang, to leave about an hour later.

The lenders, however, gathered again Thursday morning in streets and at the railway station, blocking traffic and delaying trains.

Origin: , Xinhua

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