In relation to the case of “Violation of regulations on banking activities and other related activities” that took place in Soc Trang province, on July 8, 2024, the Provincial Police Investigation Agency of Soc Trang province issued a decision to prosecute and temporarily detain Bui Cong Nhan (born in 1986, registered permanent residence in Duc Hue district, Long An province, and director of a bank in Ho Chi Minh City, Soc Trang branch) with the approval of the Provincial People’s Procuracy. The agency also prosecuted and released on bail Trang Buu Tan (born in 1990), Nguyen Thi My Chi (born in 1997), and Ta Thi Kieu (born in 1997), all residing in Soc Trang province and bank credit officers, to investigate the violation of regulations on banking activities.
Based on the investigation results, the Soc Trang Provincial Police Investigation Agency determined that Bui Cong Nhan, Trang Buu Tan, Nguyen Thi My Chi, and Ta Thi Kieu, along with their accomplices, Thai Quoc Anh (born in 1985, residing in Soc Trang city, Soc Trang province) and Vo Minh Hai (born in 1990, residing in Duyen Hai district, Tra Vinh province), had violated the law’s provisions on credit conditions, causing losses of billions of VND to a bank.
The four recently prosecuted individuals (Source: Soc Trang Police)
Previously, on January 19, 2024, the Soc Trang Provincial Police Investigation Agency decided to prosecute Thai Quoc Anh and Vo Minh Hai for “Violation of regulations on banking activities and other related activities.”
In relation to this case, on October 26, 2023, the Soc Trang Provincial Police Investigation Agency initiated a criminal case, prosecuted, and detained Trinh Tuan Kiet, born in 1991, residing in Vinh Chau town, Soc Trang province, for “Fraudulently appropriating property.”
According to the investigation, from 2019 to 2022, Kiet and his accomplices provided information to local residents in Vinh Chau town, offering to lend money at low-interest rates and with simple procedures, requiring only land-use right certificates as collateral. However, after lending money and receiving the collateral, Kiet transferred the land-use rights to others and then mortgaged them to a bank to borrow a much larger sum. With this scheme, Kiet and his accomplices appropriated numerous land-use right certificates from residents in Vinh Chau town, mortgaging them to banks to borrow billions of VND for personal use. The Provincial Police detected Kiet’s behavior during their situation monitoring and local management and focused on investigating and clarifying the case.
So far, the Provincial Police Investigation Agency has prosecuted and detained four individuals and prosecuted and released on bail three others.
The case is still under investigation by the authorities./.
Who are the 5 persons summoned for questioning in the Vạn Thịnh Phát case?
TAND TP HCM urges defendants to surrender to enjoy the leniency policy of the Party and the State.
