1. financing 30 billion, with gold as collateral.
20 17 gold jewelry company reached financing contracts with a number of trust institutions, with a total amount of about 30 billion. For repayment contracts, including insurance company guarantee and physical gold mortgage credit guarantee. However, it was not until 20 19 that all the repayment contracts of gold and jewelry companies to several trust companies expired. Among them, the default amount of a company in changan trust is as high as 654.38+0 billion, which is second only to that of a gold jewelry company. Many companies such as changan trust collect accounts from them.
2. The guarantor lost contact and the gold was fake.
After the gold company broke the contract, many trust companies contacted Jia Zhihong, the guarantor of the contract, only to find that the controller of the gold company had no news. When I went to the mortgage bank according to the contract to take out the gold to pay off the debt, I found that the gold was fake and the composition inside was copper. This can blow up the trust company. At present, only PICC, which guarantees at the same time, can be sued in court.
3. Internal control of venture capital exists in name only.
China People's Insurance Company claims that its guarantee object is gold companies, not these trust companies, and it is doubtful whether trust companies have the right to sue. Of course, I think they have an unshirkable responsibility. However, whether the trust company itself has problems is not clear about the fact that the gold company has a fake gold guarantee. How did their internal control audit work? Why did they make such a low-cost mistake? This is really thought-provoking.
As for the final verdict, it depends on the court's views on the case. At present, the trial court of this case has been transferred to several provinces. After all, the amount involved is too large, and neither insurance companies nor trust companies want to bear such losses. But why can't you keep your eyes open at the beginning of financing? It's all my own fault.