|Photo for illustration. — VNA/VNS Photo|Viet Nam News
HÀ NỘI — Criminal proceedings were initiated against six former officials of Đại Tín Bank (Trust Bank) on Tuesday for allegedly “violating regulations on lending activities of credit institutes.”
The suspects are Lâm Hồng Trinh, Đỗ Hoàng Linh and Ngô Trí Đức, three former deputy director generals of Trust Bank; former head of the bank’s Credit Management Department Hồ Trọng Thắng; former director of the bank’s Accounting Sector Trần Thị Hồng Phương; and former head of the bank’s Legal Affairs Department Phạm Thị Quỳnh Ngân.
Police searched their residences and banned them from leaving their homes during the investigation.
The investigation is part of the second phase of the trial of Phạm Công Danh -- ex-chairman of the Vietnam Construction Bank’s Board of Directors and former general director of Thiên Thanh Group.
Prior to 2013, the Vietnam Construction Bank was called Trust Bank.
During the first phase of Phạm Công Danh’s trial, he and his accomplices were charged with causing losses of over VNĐ9 trillion (US$400 million) for the bank.
In the second phase of the trial, the six suspects are alleged being held responsible for the loss of VNĐ471 billion. In particular, the three former deputy director generals approved the lending of VNĐ650 billion to two companies of Phạm Công Danh, while the other three wrongly assessed lending documents and disbursed the loans.
Early this year, former Trust Bank chairman Hoàng Văn Toàn and former director general Trần Sơn Nam were arrested and investigated for allegedly violating regulations on economic management, leading to serious consequences.
In September, 2017, 14 former officials of Trust Bank, including Trust Bank senior advisor Hứa Thị Phấn, were arrested for “abusing power to appropriate property” and “intentionally violating regulations on economic management and causing serious consequences.” — VNS