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Court sentences former Trust Bank senior advisor to 30 years in jail

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

Pham Cong Danh acknowledges money transfer

Pham Cong Danh told the court yesterday that he had transferred VND600 billion to Hua Thi Phan, a former high-level advisor of Trust Bank, and had used VND500 billion to increase registered capital at VNCB.

Why is Dang Thanh Binh being charged with ‘lack of responsibility’?

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.

Court hands down 30-year sentence to former bank executive

 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). 

Former VNCB chairman faces 30 years in jail

 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).

Customer wants huge deposits at VN Construction Bank back

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.