The Ministry of Public Security requested some localities to provide documents on the property of Mr. Trinh Van Quyet
On April 14, a source from VOV.VN said that the Investigative Police Agency – the Ministry of Public Security had asked the People’s Committees of a number of provinces and cities to provide information and documents about the property of Mr. Trinh Van Quyet, former President of FLC.
Accordingly, the Investigating Agency proposed the Chairman of the People’s Committees of the provinces and cities to direct functional units to review and provide information and documents on assets (real estate, shares/capital contribution, stocks) …) in the name of four individuals.
Former Chairman of FLC Group – Trinh Van Quyet
These people include Mr. Trinh Van Quyet (former chairman of FLC Group) and Mr. Quyet’s wife, Mr. Quyet’s two younger sisters, Ms. Trinh Thi Thuy Nga and Trinh Thi Minh Hue.
In addition to requesting the provision of information and documents, the investigating agency also proposed to suspend fluctuations (transfer, purchase, sale, donation, donation, pledge, mortgage, etc.) assets (real estate, shares/capital contributions, stocks…) of the above individuals.
Mr. Trinh Van Quyet, former chairman of FLC was arrested on March 29 to investigate the behavior of manipulating the stock market. Days later, Mr. Quyet’s two sisters, Trinh Thi Minh Hue and Trinh Thi Thuy Nga, respectively, were prosecuted and detained in connection with this case.
On April 8, the Ministry of Public Security continued to arrest and detain Ms. Huong Tran Kieu Dung (Permanent Vice Chairman of the Board of Directors of FLC Group Joint Stock Company, Chairman of the Board of Directors of BOS Securities Joint Stock Company) and Nguyen Quynh Anh. General Director of BOS Securities Joint Stock Company) on the charge of stock market manipulation.
Regarding the case, the authorities initially determined that Mr. Quyet and the defendants used about 20 securities accounts of 11 organizations to create fake supply and demand, pushing up stock prices.
When FLC’s stock price was pushed to a high level, Mr. Quyet directed to sell a huge amount of 175 million shares. The total number of matched FLC shares is nearly 75 million shares. These shares are “sold underground”, not announced before the transaction.
After the “underground sale” of shares, the State Securities Commission canceled the transaction of all shares sold by Mr. Quyet, many lucky investors were refunded.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
