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DongA Bank’s former top officials to be prosecuted

Update: December, 12/2016 - 16:00
Former Director General of DongA Bank Trần Phương Bình. - Photo Người Lao Động
Viet Nam News

HÀ NỘI – The public security ministry’s police investigation agency has decided to prosecute two former top officials of the HCM City-based Đông Á Bank (DongA Bank), it officially announced today.

Former director general of the bank Trần Phương Bình, 57, and former deputy director general Nguyễn Thị Ngọc Vân, 46, will be prosecuted for deliberately violating State regulations on economic management, causing serious consequences, and violating lending regulations of credit institutions, under the Penal Code. 

Bình and Vân have been arrested and are under temporary detention pending further investigations, the agency said.

The police have also arrested and decided to prosecute three other bank staffers for deliberately violating State regulations on economic management, causing serious consequences.

Following the arrests, the board of directors and management board of Đông Á Bank last Saturday made an official announcement on the bank’s website that all five employees had been dismissed in August, 2015, after the bank was put under special observation for suspected illegal activities.

Their arrests and prosecution have not affected operations, the bank said.

In August, 2015, the State Bank of Việt Nam picked two outsiders to serve as chairman and CEO of Đông Á Bank, to help the bank clear any potential hurdles. – VNS







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