Before the trial date, Trinh Van Quyet paid more than 210 billion VND in compensation.

On July 17, the defense attorney for former FLC Group Chairman Trinh Van Quyet said that the defendant's family had just paid an additional VND23 billion to remedy the consequences of the case. To date, Mr. Trinh Van Quyet has paid more than VND210 billion, and at the same time, he has urged his relatives to "continue to pay the maximum amount to remedy the consequences of the case before and during the trial."

The lawyer also added that there were 376 documents signed by more than 4,280 people asking for a reduction in criminal liability for Mr. Trinh Van Quyet and the defendants in the case.

The former Chairman of FLC has acknowledged his wrongdoings and will take criminal and civil responsibility as charged. In addition, Mr. Trinh Van Quyet hopes that the authorities will apply a lenient policy to the defendants who are relatives and subordinate colleagues involved in the case.

On July 22, the Hanoi People's Court is scheduled to hold the first-instance trial of defendant Trinh Van Quyet and 49 accomplices. In this case, the former Chairman of FLC Group is being tried for the crimes of Stock Market Manipulation and Fraudulent Appropriation of Property.

Trinh Van Quyet was identified as the mastermind, the person who decided and directed the purchase of Faros Company; decided and directed the contribution of fictitious capital, and used fictitious capital to legitimize the increase and use of fictitious capital of Faros Company from 1.5 billion VND to 4,300 billion VND.

In addition, Trinh Van Quyet directed the registration of public companies, securities registration and stock listing on the HOSE, selling more than 391 million ROS shares formed from inflated capital contributions to 30,403 investors, appropriating more than VND 3,621 billion.

Defendant Trinh Van Quyet was also the mastermind, decision maker, and director of the opening, management, and use of securities accounts; decided and directed the provision of fake money to accounts managed by his sister Trinh Thi Minh Hue (FLC Group Accountant) to manipulate 5 stock codes, illegally profiting more than 723 billion VND. Of which, the defendant must bear criminal responsibility for 4 stock codes, illegally profiting more than 684 billion VND.