Corruption: the other side of economic expansion - Communist China

China has been shaken by a series of large-scale bank robberies in recent years, but they are not the Bonnie-and-Clyde type.

These are inside jobs: Top executives, branch managers, loan officers and thousands of everyday employees have been running off with billions in customers' money.

Consider what has happened in just the first two months of this year. First, a branch manager at the Bank of China disappeared with more than US$100 million in cash. A few weeks later, dozens of employees of another commercial bank were arrested for conspiring to steal nearly US$1 billion in funds. And then midlevel officials of the China Construction Bank apparently fled the country with about US$8 million in cash.

http://www.taipeitimes.com/News/edit/archives/2005/03/24/2003247588