The Ministry of Public Security has issued wanted notices for two officials of Techcombank’s HCM City branch. — Photo thanhnien.vn
HÀ NỘI – The Ministry of Public Security has issued wanted notices for two officials of Techcombank’s HCM City branch.
The two are Lương Hữu Lâm, former branch director, and Đinh Thị Hiền, former deputy director.
According to the ministry, the two are being sought for violating regulations on lending, which caused the bank a loss of VNĐ30 billion (roughly US$1.3 million).
The mastermind of the scheme is said to be Đặng Phước An, director of Vân An Ltd, a company based in the southern province of Bình Phước. An was prosecuted and arrested in March last year for swindling and appropriating property.
The police said Vân An Company applied for a loan at the bank in March 2007, and was granted credit worth VNĐ45 billion (over US$1.9 million). In mid-2008, An made a false financial report claiming his company was still profitable. After getting a credit extension, he continued to submit false documents to the bank to get nine additional loans worth VNĐ30 billion (US$1.3 million).
Lương Hữu Lâm approved loans worth VNĐ8billion (US$351,000) while Đinh Thị Hiền signed for disbursement of VNĐ11 billion (US$483,000).
According to the investigators, Lâm and Hiền knew the Vân An Company’s loan request did not meet requirements, but they still approved the loans.
The two suspects have fled the country and Vietnamese police have asked Interpol to issue international wanted notices for them. – VNS