Arrest warrant on former head of Dong A Bank
Arrest warrant on former head of Dong A Bank
Nguyen Huynh Dang, former head of the business division at the headquarters of Dong A Bank (DAB), is wanted for “intentionally violating state regulations on economic management and causing serious consequences” (Article 165 of the Criminal Code).
The Ministry of Public Security has just issued an arrest warrant for defendant Nguyen Huynh Dang (47), former head of the business division at the headquarters of Dong A Bank. The ministry informed that anybody able to arrest Nguyen Huynh Dang should hand him over to the investigation agency at 47 Pham Van Dong Street, Bac Tu Liem district, Hanoi (telephone number: 069.2322621).
Nguyen Huynh Dang is a suspect of proceedings related to “abusing trust to appropriate property,” “intentionally violating state regulations on economic management and causing serious consequences,” and “violating regulations on credit institutions’ lending activities” at Dong A Bank.
In 2017, MoPS arrested a series of high-level leaders of this bank, including Tran Phuong Binh (former vice chairman of the board of management and former general director), Nguyen Thi Kim Xuyen (59) (former deputy general director), Nguyen Duc Tai (49) (branch manager), Nguyen Van Thuan (58) (deputy branch manager), and Tran The Hung (56) (former fund manager of branch).
Additionally, the court has imposed criminal liability on more than 20 people and recovered property from more than VND2 trillion ($88 million) in value. The case of DAB was highlighted for investigation by the Central Steering Committee for Anti-Corruption. MoPS is investigating and recovering properties the defendants acquired through violations.
