HCM City Court continues trial of Trust Bank’s former shareholder The People’s Court of HCM City started a trial on Friday against Hứa Thị Phấn, a former senior advisor to the board of directors of Đại Tín Bank (Trust Bank), now Việt Nam Construction Bank (VNCB), for “abusing trust to appropriate property” under article 175 of the 2015 Penal Code.

Appeals court upholds VNCB sentence

The HCM City People’s Supreme Court yesterday upheld a 30-year sentence handed down by a first-instance trial for Phạm Công Danh, the former chairman of the board of Việt Nam Construction Bank (VNCB), on charges of wrongdoing and violations of banking rules.

Supreme Court rejects Trust Bank appeals

The HCM City People’s Supreme Court on Friday rejected all 26 appeals from 11 defendants and 15 of 214 people affected by economic mismanagement and misappropriation at Trust Bank, which led to a loss of VNĐ6.3 trillion (US$271 million).

Trust Bank case defendants call for trial appeal

HCM City People’s Supreme Court on Monday heard the trial appeal for the economic mismanagement and misappropriation case at Trust Bank leading to the loss of VNĐ6.3 trillion (US$271 million).

Former TrustBank general director arrested

The former general director of TrustBank, Ngô Trí Đức, was arrested Monday on charges of “lacking responsibility and causing serious consequences” and “abusing trust to appropriate property”.

 

 

Phạm Công Danh sentenced to 30 years in prison

The HCM City People’s Court yesterday sentenced Phạm Công Danh, the former chairman of the board of Việt Nam Construction Bank (VNCB), to 20 years in prison for “deliberately violating State regulations on economic management, causing severe consequences” at VNCB.

 

 

Trial resumes for former chair of VNCB board

The People’s Court in HCM City yesterday (July 24) resumed the trial of Phạm Công Danh, former chairman of the Việt Nam Construction Bank’s (VNCB) board of directors and former general director of the Thiên Thanh Group, and other defendants charged with “deliberately violating State regulations on economic management causing severe consequences” at VNCB.

Court sentences former Trust Bank senior advisor to 30 years in jail

Twenty-eight former officials of Đại Tín Bank (Trust Bank, now Việt Nam Construction Bank) charged with "abusing trust to appropriate property" and "intentionally violating state regulations on economic management and causing serious consequences" were sentenced to three to 30 years in jail by the HCM City People’s Court on May 31 after a three-week trial.

Former bank officials charged with inflating house price

The trial of 28 former officials of Đại Tín Bank (Trust Bank) (now Việt Nam Construction Bank) continued yesterday with a focus on how the former senior advisor of the management board of Trust Bank, Hứa Thị Phấn, was able to increase the value of her house at 5 Phạm Ngọc Thạch Street in District 3 in HCM City.

 

Officials charged with $280m in losses

The HCM City People’s Court yesterday began its trial of 28 former officials of Đại Tín Bank (Trust Bank) (now Việt Nam Construction Bank) for allegedly "abusing trust to appropriate property" and "intentionally violating state regulations on economic management and causing serious consequences".