SCB speaks out about the case of 8 former officers and employees being prosecuted and wanted

Saigon Commercial Joint Stock Bank (SCB) has just released information related to the case of 8 former officers and employees who held management and executive positions at this bank being prosecuted and wanted.

Specifically, on October 29, the Investigation Police Agency - Ministry of Public Security issued a wanted notice for 7 suspects Nguyen Thi Thu Suong, Dinh Van Thanh, Chiem Minh Dung, Tram Thich Ton, Sun Herry Ka Ziang, Lam Lee Geogre, Nguyen Lam Anh Vu.

Then, on November 3, the Supreme People's Procuracy approved the decision to prosecute Mr. Le Van Chanh.

According to SCB, these are individuals who used to hold management and executive positions at SCB. However, up to now, the above individuals have all been dismissed from their positions and no longer work at this bank.

Ms. Nguyen Thi Thu Suong (former Chairwoman of the Board of Directors of SCB) was dismissed in 2014; Mr. Dinh Van Thanh (former Chairman of the Board of Directors of SCB) was dismissed in 2021.

In addition, most other individuals are no longer involved in management and left their positions at SCB many years ago.

SCB said that in response to information in the media about this prosecution and wanted case, the bank's current business operations are not affected.

SCB's operations are still running smoothly and stably. The process of providing existing financial products and services of SCB to customers still ensures all needs, rights and legitimate interests of customers and partners of the bank in accordance with the provisions of law.

SCB is still cooperating with the authorities during the investigation and will inform customers when there is an official conclusion from the authorities.

In addition, SCB still regularly conducts reviews and focuses on improving its human resources, ensuring compliance with legal regulations and safety in banking and financial activities.

After more than a year of being placed under special control, SCB has actively coordinated with relevant authorities to implement solutions in accordance with legal regulations to ensure the safety of the banking system and protect the rights and interests of depositors.

Currently, SCB continues to receive timely and close support and direction from the State Bank and relevant agencies to gradually stabilize and handle difficulties and problems, and focus on building a Bank Restructuring Project, aiming to stabilize banking operations and bring about sustainable development.SCBdevelopment in new stage.

The latest move related to personnel issues at SCB recently is that Mr. Phan Dinh Dien was assigned by the State Bank to be the Chairman of the Board of Directors of SCB Bank. This appointment takes effect from September 22, 2023.

Mr. Dien was appointed to replace Mr. Vu Anh Duc - who resigned as Chairman of the Board of Directors of SCB and was transferred back to take on an important position at the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank).