On the afternoon of April 2, Lieutenant General To An Xo, Spokesperson of the Ministry of Public Security, said that up to now, Mr. Duong Cong Minh, Chairman of the Board of Directors of Sacombank, is not on the immigration watch list or banned from leaving the country.
"The Ministry of Public Security rejects all false information aimed at sabotaging and negatively affecting the normal operations of the financial and banking system. Any act of spreading false information will be detected and strictly handled according to the provisions of the law," Lieutenant General To An Xo emphasized.
Also on April 2, Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) issued a statement stating that on April 1, 2024, a personal Facebook account posted information related to Mr. Duong Cong Minh - Chairman of the Board of Directors of Sacombank being banned from leaving the country due to his involvement in an economic case that is currently under trial.
The bank's representative also confirmed that Chairman of the Board of Directors Duong Cong Minh is still directly managing the work at Sacombank. The bank is still providing financial services to customers, maintaining effective business operations and ensuring safety ratios according to regulations. Assets and liquidity are abundant, completely unaffected by the above rumor.