It has come to the attention of Bank of China Limited ("BOC") that GCG ASIA has falsely claimed through various channels that Bank of China (Hong Kong) Limited ("BOCHK") provides investment capital guarantee for GCG ASIA’s customers, with an image of a BOCHK cheque displayed in its promotional materials. In addition, GCG ASIA stated that an event will be organised in Phnom Penh on 20 May, and that its members could obtain credit guarantee bills from Bank of China Phnom Penh Branch. BOC reiterates that BOCHK does not provide any so-called investment capital guarantee as claimed by GCG ASIA, and reserves all its legal rights to pursue legal action. Customers and the general public are reminded to stay vigilant against false claims and frauds.
The details of the false claims by GCG ASIA are shown as follows:
