Update news pham cong danh
Twenty-eight former officials of Dai Tin Bank charged with "abusing trust to appropriate property" and "intentionally violating State regulations on economic management and causing serious consequences" were sentenced
Before becoming the first chair of VAMC, Dang Thanh Binh was Deputy Governor of the State Bank, responsible for taking care of bad debt and credit institution restructuring.
The HCM City People’s Court has given a 30-year prison sentence to Pham Cong Danh, a former bank executive, for his wrongdoings and violations of banking rules that caused losses of over 9,000 trillion VND (404 million USD).
Prosecutors of HCMC on August 16 proposed sentencing Pham Cong Danh, former chairman of Vietnam Construction Bank (VNCB), to 30 years in jail for his credit and financial violations that caused losses of over VND9 trillion (US$417 million).
Tran Ngoc Bich, a major depositor at Vietnam Construction Bank (VNCB), has said she wants to take back a combined VND5.88 trillion from 124 saving books opened at the bank.