Tran Quoc Tuan, 62, former SBV branch manager in Dong Nai province; and Vo Khac Hien, former deputy director of the branch, will be tried at the Dong Nai People’s Court for “negligence leading to serious consequences” on October 25.
Tuan worked as the branch manager from 2014 to 2017. On February 10, 2014, the branch issued a plan to inspect Tan Tien’s credit fund in the province, but Tuan did not allow the inspection to take place. goes as planned, pushing her back instead. 2015.
From 2015 to 2016, reports showed signs of insecurity regarding the credit fund, but Tuan still did not authorize an inspection.
In April 2017, Tuan asked Hien and Le Xuan Huong, the branch’s deputy chief inspector, to come and inquire about the situation. When Tuan learned that there had been multiple violations with the fund, he still did not order an inspection, but instead signed a confidential document requesting that the violations be resolved.
In November 2017, Tan Tien Credit Fund went bankrupt, resulting in losses worth VND810 billion.
Authorities said that during the same period, several credit funds like Thanh Binh, Thai Binh, Dau Giay, Gia Kiem and Quang Tien also committed multiple violations, which led them to bankruptcy and bankruptcy. inability to pay more than 500 billion VND.
Prosecutors said Tuan, as branch director, failed to carry out inspections and checks appropriately, and also interfered with the results of the inspections.
They said Tuan failed to follow the instructions of the State Bank of Vietnam and therefore failed to detect credit fund violations in Dong Nai in time, causing six funds to fail and resulting in losses worth more than 1.352 trillion VND.
Hien, as the bank’s chief inspector and vice branch manager, did not fulfill his duties of monitoring and inspecting credit activities in Dong Nai, therefore he did not detect the violations of funds on time, which resulted in financial losses.
