Appeals court upholds VNCB sentence

Appeals court upholds VNCB sentence

The HCM City People’s Supreme Court yesterday upheld a 30-year sentence handed down by a first-instance trial for Pham Cong Danh, the former chairman of the board of Vietnam Construction Bank (VNCB), on charges of wrongdoing and violations of banking rules.
Trial begins for ex-deputy governor of State Bank of Vietnam

Trial begins for ex-deputy governor of State Bank of Vietnam

The trial of Dang Thanh Binh, former deputy governor of the State Bank of Vietnam, who is charged with “lacking responsibility and causing serious consequences” began yesterday at the HCM City’s People’s Court.
Former senior banking advisor Hua Thi Phan sentenced to 30 years of imprisonment

Former senior banking advisor Hua Thi Phan sentenced to 30 years of imprisonment

Hua Thi Phan was sentenced to 30 years of imprisonment on two charges, and has to repay VND16.796 trillion ($740 million) to Construction Bank (CB) as well as pay nearly VND17 billion ($0.75 million) for court fees.
Trial held for 28 former officials of Dai Tin Bank

Trial held for 28 former officials of Dai Tin Bank

The Ho Chi Minh City People’s Court on May 8 opened the first trial for 28 former officials of Dai Tin Bank (Trust Bank) – predecessor of the Vietnam Construction Bank (VNCB) for "abusing trust to appropriate property" and "deliberately acting against State regulations on economic management and causing serious consequences".