People accuse tens of millions of dollars of unaccounted money and properties seized. Huayin declares: Recover compensation in accordance with the law

The public accused tens of millions of dollars of unaccounted money and the property was seized. Huayin stated that it would recover compensation in accordance with the law. (File photo)

[Reporter Chen Meiying/Report from Taipei] A citizen recently posted on Threads, questioning that the company's approximately 13 million yuan in money from South China Bank was unaccounted for, but the bank pursued old debts and seized the property under his name. Huayin issued a statement today stating that the relevant deposit transactions and collection procedures were handled in accordance with regulations, and the legal recovery procedures against the debtor have also been executed in accordance with the law.

The public pointed out in the post that the company opened an account with Huayin Chiayi Branch in 1988 and obtained a credit line. After 1989, they stopped dealing with the company. After purchasing a house many years later, they received a court notice and learned that the bank was pursuing debts of about 3 million yuan in the early years and filed for enforcement against the property.

He questioned that the company's original payment of about 13 million yuan was claimed by the bank to have been fully deducted, but it did not provide complete details, nor did it clearly explain how the original debt of about 3 million yuan accumulated to more than 20 million yuan. Therefore, he asked the bank to explain the flow of funds and the basis for calculating the debt.

As the post aroused considerable response, with about 20,000 retweets, Huayin issued two major statements in the afternoon in order to protect the company's goodwill.

1. The Bank handles customers’ foreign exchange deposit operations, lending and other relevant information in accordance with the relevant provisions of the Banking Law.

2. The Bank has established relevant internal processing systems and standards for the opening of deposit accounts, account access procedures, and debt collection in accordance with the law. The relevant legal recovery procedures for debtors have all obtained execution names in accordance with the law. Related foreign exchange deposit business transactions and collection procedures are handled in accordance with regulations to safeguard the rights and interests of customers and the Bank.