According to CAND, on October 31, Nam Song Hau Petroleum Investment Joint Stock Company (NSH Petro) announced that the Investigation Police Agency of the Ministry of Public Security had issued an arrest warrant for Mr. Nguyen Viet Anh (born in 1982) to investigate his alleged provision of false information regarding the ability to offer loans ranging from hundreds of millions to billions of USD to domestic businesses.
Mr. Nguyen Viet Anh served as the Director of Acuity Funding Vietnam and Deputy General Director in charge of finance at NSH Petro at the time of the alleged misconduct.
On October 15, Mr. Ranjit Prithviraj Thambyrajah, Director of Berhero Pty Limited (operating under the brand Acuity Funding), former Vice Chairman of the Board and CEO of NSH Petro, was arrested on charges of “Fraud to Appropriate Property.”
Both Mr. Nguyen Viet Anh (right) and Mr. Ranjit Prithviraj Thambyrajah have been prosecuted and detained.
|
Mr. Ranjit allegedly provided false information claiming that Berhero Pty Limited could offer loans of up to billions of USD to Vietnamese partners. Subsequently, he embezzled over 4.9 million USD from fees paid by NSH Petro.
On October 20, the Board of Directors of NSH Petro announced a resolution to remove Mr. Ranjit Prithviraj Thambyrajah from his position as Vice Chairman and CEO.
On the same day, the Board of Directors of NSH Petro announced a resolution to temporarily suspend Mr. Nguyen Viet Anh based on his resignation request. The Board agreed to appoint Mr. Mai Van Huy, Chairman of the Board and legal representative, to manage the company’s operations until a new CEO is appointed.
– 16:55 31/10/2025
Phúc Sơn Group Chairman Indicted in Second Criminal Case
The Central Military Procuracy has issued an indictment charging Nguyen Van Hau, former Chairman of Phuc Son Group, with fraud and misappropriation of assets in connection with the Nha Trang airport project scandal.
Prosecuting Two Former Chairmen of Khanh Hoa Province and Two Retired Army Major Generals
Two former chairmen of Khanh Hoa Province, along with two retired army major generals, have been accused of misconduct in the case involving Nguyen Van Hau’s alleged takeover of land at Nha Trang Airport.
Unveiling the Giant Behind Ngan Thuan Company: Who Owes a Staggering 635 Billion VND in Tax Debt?
Ngân Thuáºn ranks as the second-largest tax debtor on the recently released list by the Can Tho City Tax Department, with an outstanding tax liability nearing 635 billion VND.
Resignation of Nam Song Hau Petroleum Company’s CEO
The Board of Directors of Nam Song Hau Petroleum Investment and Trading Joint Stock Company has resolved to remove Mr. Ranjit Prithviraj Thambyrajah (Australian nationality) from his positions as Vice Chairman of the Board and CEO. Additionally, the company has suspended one deputy general director and one member of the control board.
NSH Petro CEO Ousted Following Arrest on Fraud Charges
NSH Petro has issued an unusual disclosure to both the Vietnam Stock Exchange and the Hanoi Stock Exchange.
