Former Director General of the bank Tran Phuong Binh, 57, and former Deputy Director General Nguyen Thi Ngoc Van, 46, are prosecuted for deliberately violating State regulations on economic management, causing serious consequences, and violating lending regulations of credit institutions, under the Penal Code.
Binh and Van have been arrested and are under temporary detention pending further investigations, the agency said.
|Former Director General of DongA Bank Tran Phuong Binh
The police have also arrested and decided to prosecute three other bank staff members for deliberately violating State regulations on economic management, causing serious consequences.
Following the arrests, the board of directors and management board of Dong A Bank on December 10 made an official announcement on the bank’s website that all five employees had been dismissed in August 2015, after the bank was put under special observation for suspected illegal activities.
Their arrests and prosecution have not affected its operations, the bank said.
In August, 2015, the State Bank of Vietnam picked two outsiders to serve as chairman and CEO of Dong A Bank to help the bank clear any potential hurdles.