Former Director General of DongA Bank Tran Phuong Binh (Photo Người Lao Động) Hanoi (VNA)– The Ministry of Public Security’s policeinvestigation agency has decided to prosecute two former top officials of theHCM City-based Dong A Bank (DongA Bank), it officially announced on December 12.
Former Director General of the bank Tran Phuong Binh, 57, and former DeputyDirector General Nguyen Thi Ngoc Van, 46, are prosecuted for deliberatelyviolating State regulations on economic management, causing seriousconsequences, and violating lending regulations of credit institutions, underthe Penal Code.
Binh and Van have beenarrested and are under temporary detention pending further investigations, theagency said.
The police have also arrested and decided to prosecute three other bank staffmembers for deliberately violating State regulations on economic management,causing serious consequences.
Following the arrests,the board of directors and management board of Dong A Bank on December 10 madean official announcement on the bank’s website that all five employees had beendismissed in August 2015, after the bank was put under special observation forsuspected illegal activities.
Their arrests andprosecution have not affected its operations, the bank said.
In August, 2015, theState Bank of Vietnam picked two outsiders to serve as chairman and CEO of DongA Bank to help the bank clear any potential hurdles./.
Former Director General of the bank Tran Phuong Binh, 57, and former DeputyDirector General Nguyen Thi Ngoc Van, 46, are prosecuted for deliberatelyviolating State regulations on economic management, causing seriousconsequences, and violating lending regulations of credit institutions, underthe Penal Code.
Binh and Van have beenarrested and are under temporary detention pending further investigations, theagency said.
The police have also arrested and decided to prosecute three other bank staffmembers for deliberately violating State regulations on economic management,causing serious consequences.
Following the arrests,the board of directors and management board of Dong A Bank on December 10 madean official announcement on the bank’s website that all five employees had beendismissed in August 2015, after the bank was put under special observation forsuspected illegal activities.
Their arrests andprosecution have not affected its operations, the bank said.
In August, 2015, theState Bank of Vietnam picked two outsiders to serve as chairman and CEO of DongA Bank to help the bank clear any potential hurdles./.
VNA
