The High Court in Da Nang City this morning passed sentences on 16 former employees of the bank involved in the allegations.
According to the case file, Hai used the names of several individuals to create 562 false loan documents, embezzling more than VND110 billion and additional amount of VND3.2 billion of 76 customers. He spent money on game bet and personal expenditure.
Nineteen defendants who are former leaders of Agribank facilitated Hai’s violation. Ngo Quoc Vinh, who is former director, was sentenced to 8 years in prison for on charges that include wrongdoing with serious economic consequences.
