VNE – By Hai Duyen February 23, 2024 | 11:20 am GMT+7
Five former Saigon Commercial Bank executives who are abroad face trial for allegedly helping Truong My Lan misappropriate money and cause losses of VND488 trillion ($19.83 billion) to the lender.
The five, including two former chairpersons, have been ordered by the People’s Court of HCMC to turn themselves in before the trial on March 5 failing which they will be tried in absentia.
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| A composite image featuring a portrait of former SCB Chairwoman Nguyen Thi Thu Suong alongside a police arrest warrant. Photo courtesy of the Ministry of Public Security |
The five are former chairman and chairwoman Dinh Van Thanh and Nguyen Thi Thu Suong, former deputy CEO Chiem Minh Dung, former director Tram Thich Ton, and former manager of a branch, Nguyen Lam Anh Vu.
The five face trial for violating bank regulations, and Thanh is also charged with embezzlement.
Continue reading How 5 former SCB leaders helped real estate tycoon Truong My Lan scam $19B















