Ms. Truong My Lan 'demands' SCB Bank pay 5,000 billion VND

This afternoon (November 7), the trial of defendant Truong My Lan and her accomplices continued with the questioning of appeals on civil and judicial measures.

Responding to the panel of judges' questions about what assets she wanted to receive back, defendant Truong My Lan continued to request to receive back the ancient villa at 110-112 Vo Van Tan, house number 78 Nguyen Hue and house number 19-21-23-25 Nguyen Hue (currently rented to SCB Bank as its headquarters), the land and house number 24 Le Loi, the land and house number 21-21A Tran Cao Van (in Truong Hue Van's name) and the land and house number 193 Tran Hung Dao (headquarters of Van Thinh Phat Group).

At the same time, Ms. Lan asked the court to consider allowing her to receive back the 5,000 billion VND she had contributed to SCB to increase its charter capital, but was arrested before she could do so. According to defendant Lan, she will use this money to remedy the consequences.

SCB Bank representative confused by questions from the jury

Regarding the issue of increasing charter capital, SCB representative said that the bank completed the procedures to increase charter capital in 2021. The above amount of VND 5,000 billion has been integrated into the general cash flow, but there is currently no certificate of capital increase.

The representative of SCB Bank presented 5 appeal contents, including: requesting the panel of judges to accept the request for compensation for SCB Bank for the interest related to 1,243 loans of Truong My Lan group and accomplices, and calculate the interest accrued until the defendants fulfill their compensation obligations; requesting Tuan Chau Company to repay more than 6,000 billion VND; requesting Thanh Hieu Company to repay loans with a total value of 1,200 billion VND; assigning SCB Bank to manage the 6A Binh Chanh project; assigning SCB Bank to manage 1,121 asset codes.

The bank representative also said that, in the 1,121 asset codes that the court of first instance ordered to be handed over to SCB Bank for handling, some assets overlapped with the asset codes that the court of first instance ordered to be returned to other individuals. Specifically, the first instance judgment ordered SCB Bank to return 3 asset codes to Phuong Trang Company, but this part was among the 1,121 asset codes that the Van Thinh Phat group was using as collateral.

Regarding the appeal, the representative said that Ms. Truong My Lan has two independent obligations: to compensate 673,000 billion VND and to hand over 1,121 asset codes to SCB Bank for handling. Therefore, the bank is worried that during the execution of the judgment, if the amount seized from Ms. Truong My Lan is not enough to compensate, the authorities will deduct it from the 1,121 asset codes.

However, when the judge asked: "If so, then defendant Lan must compensate twice?", the representative of SCB Bank was confused and could not answer, but still reserved the appeal opinion.

In response to SCB Bank's appeal request, defendant Lan expressed disagreement and said that these requests "are not in accordance with the law".

Regarding the request that Tuan Chau Company must return 6,000 billion VND to SCB Bank, Ms. Lan also did not agree. According to defendant Lan, this amount of money was borrowed from her by T&H Ha Long Joint Stock Company and Mr. Dao Hong Tuyen's Au Lac Company.

Regarding the loan relationship with Phuong Trang Company, Ms. Lan explained that when equitized, this company was the largest customer of SCB Bank.

During the course of doing business, Phuong Trang Company borrowed 3,000 billion VND from her. In addition, the company also owed SCB 1,450 billion VND. According to Ms. Lan, when the bank restructured, she told the company to pay SCB 1,450 billion VND first.

(Source: Vietnamnet)

Link: https://vietnamnet.vn/ba-truong-my-lan-doi-ngan-hang-scb-tra-5-000-ty-dong-2339668.html

Source: https://vtcnews.vn/ba-truong-my-lan-doi-ngan-hang-scb-tra-5-000-ty-dong-ar906177.html