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Based on the investigation documents and collected evidence, the investigating agency has determined that from January 1, 2012 to October 7, 2022, SCB Bank has lent to and disbursed funds to 1,366 customers (including 710 individuals and 656 organizations). Among them are loans related to the responsibility of Truong My Lan and her accomplices, totaling 2,527 loans (including 1,057 loans from individual customers and 1,470 loans from organizational customers) with a total amount of 1,066,608 billion VND.
As of October 17, 2022, there are still 875 customers (440 individuals and 435 organizations) who have 1,284 outstanding loans (including 512 loans from individual customers and 772 loans from organizational customers) with a remaining balance of 677,286 billion VND, consisting of 483,971 billion VND principal and 193,315 billion VND interest/fees. These loans are all classified as non-recoverable loans (the outstanding principal of Truong My Lan’s loans accounts for 93% of the total outstanding principal of 23,042 remaining loans).
Especially during the disbursement of the total amount of 483,917 billion VND, the Criminal Investigation Agency of the Ministry of Public Security concluded that Truong My Lan and her accomplices misappropriated assets/violated provisions on banking operations. The investigation documents show that most of this amount was concentrated in the disbursement at 03 units under the bank’s headquarters (including the Wholesale Customer Business Center; Direct Business Channel for Corporate Customers; HCMC Real Estate Lending Hub) and 03 large branches (SCB Saigon Branch; SCB Cong Quynh Branch; SCB Ben Thanh Branch), which are units/branches that comply with Truong My Lan’s and her accomplices’ orders (accounting for 93% of the total amount of loans disbursed by SCB; The remaining branches only account for 7% of loans to regular customers).
The related departments include: (1) Board of Directors; (2) Office of General Director; (3) Business and Investment Council; (4) Business and Investment Committee; (5) Business units/Departments that only sign legitimate files without the need for meetings and hide their criminal activities from inspections and audits.
The investigation result of 483,971 billion VND (the initial principal amount is 525,480 billion VND) is disbursed as follows:
03 Business units under the headquarters (Wholesale Customer Business Center, Direct Business Channel for Corporate Customers; HCMC Real Estate Lending Hub) disbursed to 296 customers (including 109 individuals and 187 legal entities)/396 loans, with a disbursed principal of over 185,400 billion VND; as of October 17, 2022, these loans have a total outstanding balance of 212,725 billion VND (including 185,183 billion VND principal and 27,542 billion VND interest).
SCB Bank – Saigon Branch disbursed to 195 customers (98 individuals and 97 legal entities)/239 loans, with a disbursed principal of 99,020 billion VND; as of October 17, 2022, these loans have a total outstanding balance of 134,715 billion VND (including 78,866 billion VND principal and 55,849 billion VND interest).
SCB Bank – Cong Quynh Branch disbursed to 163 customers (69 individuals and 94 legal entities)/224 loans, with a disbursed principal of 84,219 billion VND; as of October 17, 2022, these loans have a total outstanding balance of 108,754 billion VND (including 70,952 billion VND principal and 37,801 billion VND interest).
SCB Bank – Ben Thanh Branch disbursed to 257 customers (146 individuals and 111 legal entities)/280 loans, with a disbursed principal of 80,873 billion VND; as of October 17, 2022, these loans have a total outstanding balance of 114,216 billion VND (including 78,208 billion VND principal and 36,008 billion VND interest).
06 Remaining branches disbursed to 100 customers (21 individuals and 79 legal entities)/145 loans, with a disbursed principal of 75,968 billion VND; as of October 17, 2022, these loans have a remaining balance of 106,877 billion VND (including 70,762 billion VND principal and 36,114 billion VND interest).
Therefore, SCB Bank has mobilized from 50 branches but concentrated the disbursement on the Truong My Lan – VTP Group at 03 units under the headquarters, 03 large branches, and scattered among 06 other branches.
The loan and disbursement files of the Truong My Lan – VTP Group at the above-mentioned units/branches all have separate codes, such as “HSTT” (which stands for Marketing Headquarters); “Plan, project” which the parties involved understand as loans to Truong My Lan’s companies. To carry out this activity, Truong My Lan assigned Nguyen Phuong Hong, Truong Khanh Hoang, Tran Thi My Dung (from the bank’s side) to coordinate with Nguyen Ngoc Duong, Nguyen Phuong Anh, Ho Buu Phuong, Dang Phuong Hoai Tam (from the VTP Group side) to use fabricated loan plans to disburse funds, transfer money to accounts of “ghost” individuals or legal entities to transfer money out of the SCB system or have individuals or legal entities withdraw cash to cut off the money flow.
