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According to the indictment prosecuting 34 defendants in phase 2 of the Van Thinh Phat case, defendant Truong My Lan and 8 other defendants illegally transported more than 4 billion USD.
On July 12, the Supreme People's Procuracy issued an indictment to prosecute 34 defendants in phase 2 of the case at Van Thinh Phat Group and Saigon Commercial Joint Stock Bank (SCB).
Chairwoman of the Board of Directors of Van Thinh Phat Group Joint Stock Company Truong My Lan was prosecuted for the crimes of "fraudulent appropriation of property," "money laundering" and "illegal transportation of currency across the border," as prescribed in Articles 174, 324 and 189 of the 2015 Penal Code, amended and supplemented in 2017.
According to the indictment, Van Thinh Phat Group Joint Stock Company was established by Truong My Lan, who holds 60% of the shares and has been the Chairman of the Board of Directors since 1992.
In addition, Truong My Lan, through relatives, legal entities and other individuals, held the majority of shares at SCB Bank and Tan Viet Securities Joint Stock Company (TVSI), thereby manipulating, directing, operating and controlling all activities of these legal entities.
The indictment of the Supreme People's Procuracy clarified the crime of "fraudulent appropriation of property" of Truong My Lan and her accomplices. Investigation results determined that from 2018-2020, related subjects at Van Thinh Phat Group Joint Stock Company, An Dong Investment Group Joint Stock Company, Quang Thuan Investment Joint Stock Company, Ho Chi Minh City Trade Services Joint Stock Company, Sunny World Investment and Development Joint Stock Company and other organizations committed fraudulent acts, violated the provisions of the law, created 25 bond packages with codes: ADC-2018.09, ADC-2018.09.1, ADC-2019.01, QT-2018.12.1, SNWCH1823001 and 20 codes from SET.H2025.01 to SET.H2025.20 with a total value of thousands of billions of VND to sell to buyers (bondholders), mobilize money and appropriate.
According to the indictment, from 2018 to 2020, Truong My Lan proposed and directed the defendants: Dinh Van Thanh, Chairman of the Board of Directors of SCB Bank; Vo Tan Hoang Van, General Director of SCB Bank; Nguyen Phuong Hong, Deputy General Director of SCB Bank; Nguyen Tien Thanh, Chairman and General Director of TVSI Securities Company and Ho Buu Phuong, Deputy General Director of Van Thinh Phat Group, to use 4 companies An Dong, Sunny World, Quang Thuan and Setra to issue 25 "fake" bond codes with a total volume of more than 308 million bonds to mobilize capital from 35,824 investors (secondary investors), collecting a total amount of tens of thousands of billions of VND, used for many different purposes, not for the purpose of issuance, leading to the inability to pay bond debt.
Truong My Lan and her accomplices appropriated tens of thousands of billions of VND from 35,824 victims.
The Supreme People's Procuracy's indictment prosecuted defendant Truong My Lan and 8 defendants for "money laundering." In this crime, Truong My Lan and her accomplices appropriated a total amount of hundreds of thousands of billions of VND through embezzlement of assets and issuance of bonds.
Regarding the crime of "illegally transporting currency across the border," the indictment clearly stated that defendant Truong My Lan and 8 defendants illegally transported more than 4 billion USD.
TB (according to VNA)
