Bond investors are still ‘waiting’ for guidance from authorities

Since many days, investors have come to the headquarters of subsidiaries and Tan Hoang Minh Group to claim back the money invested in bonds in this group but they have not received any money yet.

Sharing with PV Tien Phong, Ms. NTH (Investor – in Thai Nguyen) said that, because she believed that the bond lots of Tan Hoang Minh Group had been approved and licensed by the State Securities Commission, posted on the website. information of the Hanoi Stock Exchange, so we boldly “all hands” invest in the hope that life will be improved.

However, on April 3, 2022, the State Securities Commission issued Decision No. 181 announcing the cancellation of 9 lots of bonds issued in the period from July 2021 to March 2022 by companies. Tan Hoang Minh’s members include: Viet Star Company; Soleil Hotel Services and Investment Joint Stock Company and Winter Palace Joint Stock Company.

“This incident makes us extremely confused and worried,” said Ms. H.

Similarly, Mr. PTM (Investor – in Ho Chi Minh City) shared, the amount of money we invest in bonds in Tan Hoang Minh is the money of sweat and tears, including the elderly, fatal diseases, difficult circumstances. towel…

And Mr. Nguyen Thach Cuong (in Hanoi) said that on April 13, he and some representatives of investors in Hanoi came to work with the representative of Tan Hoang Minh Group, Mr. Do Hoang Minh on the settlement of rights. beneficial to investors.

“However, up to now, it’s all just oral and written promises, and Tan Hoang Minh hasn’t paid us any money,” said Mr. Cuong.

Mr. Cuong added that he and investors have sent a document to the State Securities Commission, requesting to know the bond settlement process at Tan Hoang Minh, but so far have not received an official response from this agency. .

  Tan Hoang Minh case: Bond investors are still waiting for guidance from authorities - Photo 1.

Written commitment of Tan Hoang Minh to investors.

It is known that on April 20, Tan Hoang Minh Hotel Trading Service Company announced: To serve as a basis for the performance of the Group’s obligations, please prepare identification documents and transfer contracts. bonds/bond investment contracts. Bank transfer confirmation for customers without or without contract.

“We are committed to fulfilling our obligation to refund you after receiving instructions from a State agency and will regularly update information to you through our customer service specialists, our website. Group or send a notice to the email address you have registered,” the notice stated.

Thus, investors who want to receive their investment bond money back at Tan Hoang Minh need guidance from the State agency. Meanwhile, many experts said that the incident at Tan Hoang Minh was unprecedented.

On April 3, the State Securities Commission issued Decision No. 181/QD-UBCK canceling 9 bond offerings from July 2021 to March 2022 with a total value of VND 10,030 billion of 3 companies. Viet Star Company, Winter Palace Company, Soleil Company under Tan Hoang Minh Group.

By April 5, the investigating agency had prosecuted the accused, an arrest warrant for him to be held in custody, a search warrant for Do Anh Dung, Chairman of Tan Hoang Minh Group and 6 accomplices on the crime of “fraudulent appropriation”. asset”.

The results of the investigation determined that, from July 2021 to March 2022, defendant Do Anh Dung and individuals at Tan Hoang Minh Group committed fraud, using 3 member companies including: : Viet Star Real Estate Investment Co., Ltd., Soleil Hotel Service and Investment JSC, Winter Palace JSC and related companies, issued 9 bonds in contravention of the law. , total value of 10,300 billion dong, to raise money from investors but not for business activities according to bond issuance documents.

According to Minh Duc

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