In the case that occurred at Vạn Thịnh Phát Group, SCB Bank, and other related units, the Investigative Police Agency has conducted inventory, sequestration, seizure, and temporary detention of assets related to Ms. Truong My Lan and her accomplices with a total frozen amount of 589 billion VND and nearly 14.5 million USD, along with many real estate properties, supercars, yachts, and more.
Regarding the 14.5 million USD in cash, this money was given by Ms. Truong My Lan to Mr. Ta Hung Quoc Viet.
According to the investigation’s conclusion, on October 5, 2022, under a prior agreement, Truong My Lan gave 14.5 million USD (equivalent to 350 billion VND) to Ta Hung Quoc Viet, the CEO of Greenhill Village Joint Stock Company, to receive the transfer of the Greenhill Quy Nhon project, which Mr. Viet was the investor.
Two days later, on October 7, 2022, Ms. Truong My Lan was arrested and temporarily detained.
From October 23 to 25, 2022, after being invited for questioning by the investigative agency, Mr. Viet contacted and returned the entire amount he received from Ms. Truong My Lan, including more than 116.29 billion VND (about 4.75 million USD) and 9.75 million USD, equivalent to 14.5 million USD.
Ms. Lan stated that the 14.5 million USD is hers, and she voluntarily used it to make amends for the consequences of her criminal behavior in the case.
Greenhill Village Joint Stock Company was established in April 2018, initially as a Greenhill Village Limited Liability Company with a charter capital of 627 billion VND. Among them, Mr. Ta Hung Quoc Viet (born in 1975) contributed 320 billion, accounting for 51% of the capital; Mr. Ta Hung Tri and Ms. Nguyen Huynh Hoa each contributed 153.5 billion, accounting for 24.5% of the capital.
Later, Greenhill Village increased its charter capital to over 720 billion VND. Shortly after, the company had a new shareholder, Mr. Do Tan Vu, owning 10% of the shares, transferred from Mr. Ta Hung Tri and Ms. Nguyen Huynh Hoa, each 5%. In July 2019, Mr. Do Tan Vu divested, transferring the shares to Mr. Ta Hung Quoc Viet. Thus, Mr. Viet held 61% of the charter capital of Greenhill Village, while Mr. Tri and Ms. Hoa each held 19.5%. In December 2020, the company further increased its charter capital to nearly 1,102 billion VND.
Mr. Ta Hung Quoc Viet has been closely associated with Greenhill Village Joint Stock Company since its inception and has served as Chairman of the Board of Directors and CEO of the company. In July 2022, the position of CEO was transferred to Mr. Nguyen Trung Nghia (born in 1985), and then the company changed its name to Greenhill Luxury Resort before returning to the name Greenhill Village as it is today. By December 2022, Greenhill Village Joint Stock Company had a new Chairman of the Board of Directors and CEO, Mr. Nguyen The Hoang (born in 1975).
Greenhill Village successfully raised over 385 billion VND through the issuance of two bond lots. Among them, the 180 billion VND bond lot was issued on May 24, 2021, with maturity on November 24, 2022, and the 203.5 billion VND bond lot was issued on January 24, 2022, with maturity on January 24, 2024.
Greenhill Village Joint Stock Company is the investor of the Greenhill Village Resort project in the Quy Nhon – Song Cau route, Ghenh Rang Ward, Quy Nhon City. The project covers an area of 16.62 hectares and includes 500 holiday apartments, 145 villas, and 5 Bungalows.
In September 2022, the project’s investment plan was adjusted, increasing the total investment capital from 230 billion VND to nearly 2,596 billion VND. The investment progress was also extended to the second quarter of 2024.
On the same day, June 19, 2023, MST Investment Joint Stock Company (code: MST) and Vina2 Investment and Construction Joint Stock Company (code: VC2) both announced resolutions approving the transfer of shares of Greenhill Village Joint Stock Company, with an equal number of shares of nearly 198.3 million shares (18%) from Mr. Nguyen The Hoang at a price of 10,000 VND per share.
In September of this year, Greenhill Village, Vina2, and MST jointly held the groundbreaking ceremony for the Greenhill Village project in Quy Nhon. In this project, MST plays the role of developer and Vina2 is the main contractor.
