Former director general of Dong A bank arrested

The board of directors and management board of Dong A Bank yesterday made an official announcement on the bank’s website saying the Economic Police Agency of the Ministry of Public Security has arrested former director general of the bank Tran Phuong Binh and four other bank staff.

A branch of Dong A Bank in HCMC (Photo: SGGP)

According to the announcement, the ministry’s Investigation Agency has prosecuted Binh, former deputy director general Nguyen Thi Ngoc Van and three other staff for breaking regulations in banking and monetary operations. The former director general’s house in HCMC has been examined for investigation.
 
The State Bank of Vietnam has suspended the above offenders after putting the bank under special surveillance since August 20 last year. Therefore, the arrest and prosecution of them has not affected the bank’s operation.
 
Dong A leaders have officially informed the bank’s partners, clients and shareholders of the case and affirmed that the bank is operating as normal and customers’ rights are ensured. The bank is willing to conduct its financial obligations to its partners and customers.

By staff writers – Translated by Hai Mien

Other news

Most view

At Thieu Duong Commune in Thanh Hoa province -Photo: SGGP

Floods leave thousands of damaged houses

Authorities from the provinces of Son La, Hoa Binh, Yen Bai, Phu Tho, Ninh Binh, Thanh Hoa Nghe An said floods brought by typhoon Bebinca killed 8 people and 2 missing. The funtional forces continued their efforts to searching for two missing.