The Chinese insured illegal funds 1.945 billion yuan

China Life insurance 1.078 billion the audit results announced and handed over to the relevant departments to investigate the report of Beijing, January 31 (reporter Du Haitao) Audit Commission today issued the 3rd and 4th, respectively, announced to the Chinese People's Insurance Group Co., Ltd., China Life Insurance (group)　　Company 2009 annual balance of assets and liabilities of the audit results. The 3rd bulletin shows that the Audit Commission in the Chinese People's Insurance Group Co., Ltd. to investigate and punish the illegal funds 1.945 billion yuan. Among them, the management of irregularities in the problem of 1.505 billion yuan, financial revenue and expenditure aspects of the violation of the amount of 440 million yuan. Mainly including illegal underwriting 412 million yuan, false refund or cancellation policy 260 million yuan, the violation of 146 million yuan, the illegal payment of insurance agency fees 684 million yuan, accounting outside the operating insurance business 3.12 million yuan.　　In addition, a number of provincial and municipal branches also take a single, span, such as the way to adjust the premium income, a number of expenses and other means, kangaroo "coffers", involving Beijing, Tianjin, Liaoning, Jilin, Shanghai, Shandong, Hubei, Hunan, Guangdong, Yunnan, Shaanxi, Gansu and other 12 provinces and Shenzhen branch. According to the bulletin, China's PICC has taken corrective measures to address the above issues and has been responsible for the accountability of the relevant persons.　　The Audit Commission has dealt with the problem of violating the financial revenue and expenditure laws, and has instructed the relevant institutions in China to adjust the relevant accounting accounts according to law and to pay the tax; the clues to the 12 suspected crimes and serious disciplinary problems found in the audit have been handed over to the judiciary and discipline inspection departments for investigation. The 4th bulletin shows that the Audit commission in China Life Insurance (group) companies to investigate and punish the illegal funds 1.078 billion yuan. Among them, there are 698 million illegal problems in the operation and management, and the accounting of financial revenue and expenditure is 380 million yuan. Mainly including illegal underwriting or retirement 242 million yuan, false increase in premium income of 278 million yuan, illegal payment and settlement of 113 million yuan, illegal payment fees and commission 65.0653 million yuan.　　In addition, the financial revenue and expenditure of the illegal funds include: accounting inaccurate 375 million yuan, the establishment of "Treasuries" 5.1117 million yuan. The announcement said that in response to the above problems, Guo Shou Group has taken corrective measures, and the relevant responsible person to give treatment and punishment. The Audit Commission has issued the auditing decision to the financial revenue and expenditure of the national Life Group, and has made audit decisions, and advises the national Life group to hold the relevant personnel accountable.