The role of 5 former SCB leaders who are wanted in the Van Thinh Phat case

In the case that occurred at Van Thinh Phat Group, SCB Bank and related units, the Ministry of Public Security's Investigation Police Agency prosecuted 88 defendants and proposed to prosecute 86 people.

Among those proposed for prosecution, the investigation agency is searching for 5 defendants who are all former SCB leaders.

Dinh Van Thanh - former Chairman of the Board of Directors of SCB Bank

According to the investigation, since 2009, Mr. Thanh has worked at First Commercial Joint Stock Bank (one of the three predecessor banks of the current SCB). During his career, Mr. Thanh has held the following positions: Deputy General Director, Vice Chairman of the Board of Directors of First Bank; member of the Board of Directors, Permanent Vice Chairman of the Board of Directors, Chairman of the Board of Directors of SCB Bank.

Vai trò của 5 cựu lãnh đạo SCB đang bị truy nã trong vụ Vạn Thịnh Phát - 1 — Defendant Dinh Van Thanh (Photo: SCB).

From June 28, 2012 to December 6, 2020, Mr. Thanh, in his role as Chairman of the Headquarters Credit Council, Chairman/Authorized Chairman of the Board of Directors of SCB, signed 4 meeting minutes/submissions of the Headquarters Credit Council, 328 meeting minutes/votes of the Board of Directors, 273 resolutions agreeing to lend 479 loans to 268 customers who are individuals and legal entities in the Van Thinh Phat ecosystem.

As of October 17, 2022, the outstanding debt of the above group of customers is more than 422,000 billion VND.

The investigation concluded that Mr. Thanh had taken advantage of his position and power to actively assist and be an accomplice with Ms. Truong My Lan (Chairman of Van Thinh Phat Group) in committing the acts of embezzlement of assets and violating regulations on banking activities and other activities related to banking activities.

Mr. Thanh was proposed to be prosecuted for both of the above crimes, with damages caused of more than 99,000 billion VND.

Nguyen Thi Thu Suong - former Chairwoman of the Board of Directors of SCB Bank

Vai trò của 5 cựu lãnh đạo SCB đang bị truy nã trong vụ Vạn Thịnh Phát - 2 — Defendant Nguyen Thi Thu Suong (Photo: SCB).

According to the investigation conclusion, the defendant Suong also came from First Bank, then held the position of Chairman of the Board of Directors of SCB.

Defendant Suong's behavior was similar to Mr. Thanh's when he approved 79 loans for 79 customers, individuals and legal entities in the Van Thinh Phat ecosystem.

The remaining debt as of October 17, 2022 is more than 55,000 billion VND.

Before the case was prosecuted, Ms. Suong left the country and is currently wanted by the Ministry of Public Security for violating regulations on banking activities and other activities related to banking activities, causing damage to SCB of nearly 7,000 billion VND.

Tram Thich Ton - former member of SCB Board of Directors

According to the investigation conclusion, defendant Ton has worked at SCB (old) since April 2010. After establishing the current SCB Bank, Mr. Ton held the position of member of the Board of Directors.

Like the two former Chairmen of the Board of Directors mentioned above, Mr. Ton was accused of being responsible for 80 loans of 80 customers in the Van Thinh Phat ecosystem.

The remaining debt of the above group of customers is more than 23,000 billion VND. The investigation agency believes that Mr. Ton actively assisted Ms. Lan, causing losses to SCB of more than 7,100 billion VND.

This defendant was proposed to be prosecuted for the crime of Violating regulations on banking activities and other activities related to banking activities.

Chiem Minh Dung - former Deputy General Director of SCB

This defendant used to work at both banks that are the predecessors of the current SCB, the old SCB Bank and the First Commercial Joint Stock Bank.

Vai trò của 5 cựu lãnh đạo SCB đang bị truy nã trong vụ Vạn Thịnh Phát - 3 — Defendant Chiem Minh Dung, former Deputy General Director of SCB (Photo: SCB).

After SCB merged, Mr. Dung gradually climbed from his position as a credit officer to the position of department head, branch director, transaction office director... and finally to the position of Permanent Vice Chairman of the Board of Directors and Deputy General Director of SCB.

Accused of similar acts to Thanh and Suong, Mr. Dung lent 362 loans to 305 customers of Van Thinh Phat; the current outstanding debt is more than 126,000 billion VND.

Mr. Dung's actions were accused of violating regulations on banking activities and other activities related to banking activities, causing losses of more than 140,000 billion VND.

Nguyen Lam Anh Vu - former Deputy Director of SCB Ben Thanh Branch

From August 13, 2014 to May 31, 2015, defendant Vu was accused of signing 112 appraisal reports, 36 credit contracts, and asset mortgage contracts agreeing to lend 112 loans to 112 individual customers and legal entities in the Van Thinh Phat Group ecosystem at SCB.

Outstanding debt as of October 17, 2022 is more than 4,400 billion VND.

According to the investigation conclusion, defendant Vu must bear joint responsibility for the loss of more than 3,700 billion VND and is proposed to be prosecuted for the crime of Violating regulations on banking activities and other activities related to banking activities.

Source