China's ICBC froze $185M Mumbai loans during 2017 Doklam standoff
China's Industrial and Commercial Bank of China (ICBC) froze $185 million in loans linked to Mumbai during the 2017 Doklam military standoff between India and China, according to investigations. The probe revealed ICBC served sanctioned clients despite anti-money laundering concerns and facilitated Huawei's $1.3 billion transactions amid US criminal charges. ICBC also promoted a corrupt executive while expanding globally.
The Indian Express··Mumbai




