Truong My Lan (first from left) and accomplices. (Photo: VNA) They were prosecuted for “embezzlement,” “violatingregulations on banking activities and related activities,” “giving bribes," “receiving bribes,” “abusing position and powerwhile performing duties,” “lack of responsibility causing serious consequences,”and “abuse of trust to appropriate property.”
Lan faces trial for “property embezzlement,” “givingbribes” and “violating regulations on banking activitiesand related activities.”
The others includes 41 leaders and officials of SCB,15 former officials of the State Bank of Vietnam, three formal officials of theGovernment Inspectorate, and a former official of the State Audit Office ofVietnam.
Notably, Do Thi Nhan, former chief of theInspectorate and Supervision Department II under the State Bank of Vietnam, wasprosecuted for receiving 5.2 million USD in bribes.
According to the indictment, between 2012 and October2022, Lan had control over SCB as she held a controlling stake of 85-91.5%.
Lan and her accomplices selected and appointed theirrelatives to key positions at the bank, formed a number of SCB units specialisinglending and disbursement at Lan’s request, established and used thousands of"ghost" companies. The group colluded with leaders of many related businessesto commit crimes, and created bogus loan profiles to make it possible towithdraw money from the bank, among other acts.
Specifically, from February 9, 2018 to October 7,2022, she directed the preparation of 916 false loan documents, appropriatingmore than 304.09 trillion VND (12.53 billion USD) from SCB.
Lan and the other 85 will stand trial to be hosted by theHo Chi Minh City People’s Court./.
VNA
