Mainland Bank Employee Buys Multi-million Dollar Villa, Reported by Former Daughter-in-law.

Recently, a Chinese netizen named Wen released a video, publicly accusing her former father-in-law’s family of being ordinary bank employees but owning a villa worth millions in Wuhan, and being involved in illegal shares of a highway.

On June 8th, the Hubei Branch of the Agricultural Development Bank of China issued a notice, stating that there has been a viral video circulating online of Wen, the former daughter-in-law, accusing the former father-in-law, involving staff from the bank’s subordinate unit.

According to the notice, the accused Xu is a retired employee from the Suizhou branch, while the accuser Wen is Xu’s former daughter-in-law.

In response to Wen’s accusation against Xu, the Agricultural Development Bank is currently conducting an investigation to verify the claims.

Prior to this, a woman claiming to be the former daughter-in-law of the Chief of the Audit Department at the Suizhou branch of the Agricultural Development Bank of China, released a video accusing her former father-in-law of having substantial undisclosed assets.

The woman, Wen, revealed that her father-in-law Xu’s family purchased a multi-million-dollar villa in Wuhan. During her marriage, she discovered a large amount of undisclosed income in her father-in-law’s household.

Wen disclosed that during casual conversations, she inadvertently learned that her father-in-law’s family was illegally involved in the Han-E highway and Han-Cai highway, which continuously brought in substantial wealth to the family.

She questioned whether her father-in-law was involved in corruption. Given his position in the bank’s Audit Department, there may have been opportunities for fund utilization and loan approvals.

On June 8th, “Former Daughter-in-law Accuses Father-in-law of Having Substantial Undisclosed Assets” became the top trending topic on social media.

Many Chinese netizens commented on the issue, expressing that such cases are not surprising anymore.

One said, “Why be surprised? Which state-owned bank employee doesn’t have such wealth?”

Another commented, “Our school builds teaching buildings, student dormitories, and the principal buys dozens of commercial properties in the industrial zone after the projects are completed.”

Someone observed, “I find it interesting that many corruption news stories involve ex-wives, ex-husbands, ex-daughters-in-law, and ex-sons-in-law…Rarely do we see current family members reporting. Nonetheless, everyone enjoys watching these family corruption scandals and hopes for more to come.”

“Regardless of her reasons for reporting, as long as the claims are true, I believe it is worthy of reward. The reward should come from confiscating illicit gains, which would deter future corruption.”

“Hopefully, this time the corrupt officials will be exposed. The last child of the Agricultural Development Bank has not yet inherited the family property.”

In April, the Agricultural Development Bank of China garnered attention for a primary school student’s composition on aspiring to become a bank president, “Inheriting my father’s position,” and “Inheriting our family estate.”

The bank’s spokesperson responded at the time, clarifying that the student in the video is indeed the child of a bank employee, where the father is a branch manager in a county, and the mother is a deputy department head in a municipal branch office. Both the child’s grandfather and great-grandfather were retired employees of the bank.

Previously, the Agricultural Development Bank had strict regulations that regardless of recruiting forms like campus recruitment or social recruitment, applicants must declare that they have no close relatives working at the Agricultural Development Bank; otherwise, they will not be hired.

Netizens commented that this student’s family represents a “hereditary succession of power,” blatantly showing a network of power passing through generations, which may reflect the power structure of a certain prefecture-level city.