Is it illegal for public officials to save money in private wealth management companies?
It is not illegal for public officials to lend interest money to others. Now private lending is legal, not illegal. As long as the loan interest does not exceed 4 times the loan interest rate of the People's Bank of China in the same period, it is protected by law. The percentage in the general financial field represents the annual interest rate, which cannot be defined, and the percentage of several ten thousandths represents the daily interest rate; If the monthly interest rate. If it is the annual interest rate, it is illegal if it is not illegal. When you say three-point interest or four-point interest, this expression is not clear. This is an illegal interest rate, and one thousandth is the monthly interest rate.