Vietcombank seizes assets of ‘Bad Ut’
Dinh Ngoc He (ie Ut bald) in a court session.
Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has just announced the seizure of collateral assets of Yen Khanh Production, Trade and Service Co., Ltd (now Yen Khanh Group Joint Stock Company).
The secured asset to be seized is the land use right for the land lot with an area of 5,073m2, land plot No. 10, map sheet No. 10, Dong Thanh ward, Ninh Binh city, Ninh Binh province.
This is commercial and service land, the term of use is until the end of April 25, 2058 after Yen Khanh Group won the auction and was granted a certificate of land use right by the Ninh Binh Department of Natural Resources and Environment on December 9/ 2016.
It is known that, only 4 days after being granted the certificate of land use right by the Department of Natural Resources and Environment of Ninh Binh province, on December 13, 2016, this land lot was used as collateral for a loan of Yen Production, Trading, Trading and Service Co., Ltd. Khanh (now Yen Khanh Group JSC) at the Joint Stock Commercial Bank for Foreign Trade of Vietnam – Ky Dong Branch (13 Bis Ky Dong, Ward 9, District 3, Ho Chi Minh City).
Vietcombank announced the start time to seize the above assets from 09:00 on June 15, 2022 until the seizure is completed.
It is known that Yen Khanh Group Joint Stock Company is an enterprise founded by Dinh Ngoc He (or Ut “bald”) in 2005 with a charter capital of 1.7 billion VND. This company is headed by Vu Thi Hoan (grandchild called “Ut bald” by uncle) as the director, and owns 70% of the charter capital.
At the trial of “Ut bald” and his accomplices taking place in 2020, the jury clarified that Vu Thi Hoan is the legal representative for Yen Khanh Group Joint Stock Company to sign joint venture contract No. 7 with the content of establishing the Company. Yen Khanh Hai Thanh Co., Ltd. (Yen Khanh Hai Thanh Company) to carry out the project of building and operating a multi-function building at the land lot 7-9 Ton Duc Thang Street, District 1, Ho Chi Minh City. with a term of 49 years, the charter capital of the joint venture company is 320 billion VND (Hai Thanh Company contributes 32 billion VND with the land use rights number 7-9, Yen Khanh Company contributes 288 billion VND in cash). .
Defendant Hoan testified in court that the company was founded by Mr. He, at that time the defendant was a student at the University of Industry and was staying at Mr. He’s house in Thao Dien ward, so he asked Mr. named.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
