No Information Available on Trịnh Văn Quyết’s Prison Sentence Enforcement

During the Ministry of Justice’s press conference on the afternoon of October 27th, Ms. Trần Thị Phương Hoa, Deputy Director of the Department of Civil Judgment Execution (Ministry of Justice), stated that Trịnh Văn Quyết, former Chairman of FLC Group, has fully complied with all financial obligations outlined in the court’s verdict, including joint compensation payments with other defendants.

“Recently, the Hanoi Civil Judgment Execution Department issued a certificate confirming Mr. Trịnh Văn Quyết’s completion of his civil judgment execution obligations,” Ms. Hoa added.

According to Ms. Hoa, the reduction of Mr. Quyết’s prison sentence may be considered under the Penal Code or the Amnesty Law.

Ms. Hoa confirmed that the agency has no information regarding Mr. Trịnh Văn Quyết’s compliance with his prison sentence.

Previously, the Hanoi Civil Judgment Execution Department announced the issuance of execution completion certificates to Mr. Trịnh Văn Quyết and his two sisters, Trịnh Thị Minh Huế (former FLC Group Accounting Department staff) and Trịnh Thị Thúy Nga (former Deputy CEO of BOS Securities Company).

As of mid-August 2025, Mr. Trịnh Văn Quyết has paid the first-instance criminal court fee of 200,000 VND, a fine of 4 billion VND, over 1.466 billion VND in joint first-instance civil court fees, and voluntarily contributed nearly 9.6 billion VND to the state treasury.

Additionally, Mr. Quyết and his two sisters have fully paid over 684 billion VND to the state treasury, representing illicit gains from stock market manipulation.

The family of Mr. Trịnh Văn Quyết has also paid over 1.783 billion VND in compensation to tens of thousands of victims, though the execution agency has not yet received a request for a completion certificate for this amount.

The certificate of civil judgment execution completion is considered a crucial condition for potential sentence reduction.

In late June 2025, the appellate court reduced Mr. Trịnh Văn Quyết’s sentence from 21 years to 7 years in prison for “Fraudulent Appropriation of Property” and “Stock Market Manipulation.”

Mr. Quyết’s two sisters received reduced sentences: Trịnh Thị Thúy Nga was released immediately with a sentence equivalent to her time served (8 years at first instance), and Trịnh Thị Minh Huế was sentenced to 4 years and 6 months (down from 14 years at first instance).

Other defendants also received reduced sentences or had their penalties converted from imprisonment to fines for “Stock Market Manipulation.”

In civil matters, the appellate court acknowledged that Mr. Trịnh Văn Quyết has fully remedied the consequences of the case, totaling 2.470 billion VND.