Taiyuan Beifu Community Residents' Committee has not repaid residents' demolition compensation funds after nearly 12 years, still owing 1.5 million yuan
In 2014, the Taiyuan Beifu Community Residents' Committee, on the grounds of preventing residents from spending blindly, borrowed demolition compensation funds for urban village renovation, agreeing on a monthly return of 1.5% and repayment of principal by the end of August 2016; after maturity, it verbally lowered the return to 1%, and residents demanded repayment multiple times, yet 1.5 million yuan of principal remains unpaid to this day. Reported by Benliu News on October 19.