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Three to be prosecuted for embezzling funds

Update: May, 30/2016 - 16:00
The place where Nguyễn Lê Kiều Quang ran away with VNĐ17 billion (US$755,500). – Photo netnews.vn
Viet Nam News

HCM CITY – The HCM City Police today proposed to the municipal People’s Procuracy to begin legal proceedings against three people for showing a lack of responsibility, causing serious consequences and embezzling money.

The three people are Phú Minh Hòa, 33, former worker of the Hòa Hưng Transaction Division under the Agribank, Nguyễn Lê Kiều Quang, 38, and Đặng Thị Thu Hương, 42, both former deputy directors of the transaction division.

Investigation by the police revealed that in January 2015 Hòa was assigned to take VNĐ17 billion (US$755,500) from the Agribank’s Mạc Thị Bưởi Branch to the Hòa Hưng Transaction Division.

Hòa asked Quang to work with him and the two took the money from the Mạc Thị Bưởi Branch to a bank in District 1’s Đa Kao Ward instead. Quang then ran away with all the money, while Hòa drove his motorbike to the Hòa Hưng Transaction Division alone.

Quang was also found to have forged a number of fake credit documents to appropriate more than VNĐ22 billion ($977,700) from the Agribank with help from Hòa and Hương. — VNS

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