The former CEO of ADB appeared in court with the female giant in the loss of nearly 200 billion VND

The trial is expected to take place in 3 days, chaired by Judge Tran Thi Tam.

All defendants in the case were prosecuted for the crime of “violating regulations on banking activities and other banking-related activities”.

Among them are defendants Tran Phuong Binh (former General Director of DAB), Nguyen Thi Kim Xuyen (former Deputy General Director of DAB), Tran Dao Vu (former Deputy General Director of DAB, cum Director of Hanoi branch).

There are also defendants Luong Ngoc Quy (former director of DAB Hanoi branch), Nguyen Thi Kim Duong (former deputy director of DAB Hanoi branch), Nguyen Thi Ngoc Anh, Vo Thi Bach Huong, Nguyen Minh Hoang , Nguyen Thi Phuong (both former employees of DAB Hanoi Branch) and Phan Thuy Mai (former Director of An Phat Investment and Tourism Joint Stock Company – An Phat Company).

According to the indictment, An Phat Company is the investor of the real estate project Doi 79 Spring in Me Linh district, Vinh Phuc (now in Me Linh district, Hanoi).

From 2007-2014, Ms. Phan Thuy Mai, Director of An Phat Company, took advantage of her close relationship with ADB’s General Director (CEO) Tran Phuong Binh and Deputy General Director Nguyen Thi Kim Xuyen (owns 5% of the shares). part at An Phat Company), lobbied for Mr. Binh and Ms. Xuyen to direct the ADB branch to disburse disbursements, make documents quickly, skip the appraisal process, and fail to follow the correct registration procedures for secure transactions. guarantee, for An Phat Company to disburse large credits.

Mai herself used assets that were not legal enough to mortgage and secure loans.

This female giant also used a fake Board of Directors meeting minutes (with content agreeing to mortgage the company’s land use rights and appoint Ms. Mai as the company’s representative) for bank loan transactions.

Allegedly, the defendants’ actions caused Dong A Bank more than VND 184 billion in damage.

In this case, Mr. Tran Phuong Binh and 4 other defendants must be responsible for violations causing damage in contract performance (in 2009 and early 2010) with a total disbursement of more than 124 billion dong.

In addition, Mr. Binh and defendant Luong Ngoc Quy were also responsible for violations that caused damage to the contract performance with a total disbursement of 18 billion dong.

Mr. Binh, along with the defendants Quy and Tran Vu Dao, must be held responsible for their wrongdoing, causing damage in the performance of a loan contract for An Phat Company to borrow VND 35.5 billion.

Previously, in November 2020, the People’s Court of Ho Chi Minh City sentenced Mr. Tran Phuong Binh to life in prison for the crime of “abusing positions and powers to appropriate property”; 20 years in prison for “violating regulations on lending in credit institutions”. In summary, the sentence that Mrs. Binh has to endure is life in prison.

Female giant Phan Thuy Mai was also sentenced to 16 years in prison for abusing trust to appropriate property.

Before this trial, Ms. Nguyen Thi Kim Xuyen received a total of 30 years in prison for the crimes of “Abusing positions and powers to appropriate property” and “Deliberately violating State regulations on economic management”. Causing serious consequences”.

T.Velvet