The High-level People’s Court in Ho Chi Minh City has upheld charges and sentences for former officials of Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) ruled at the first instance trial for their wrongdoings at the bank.
The High-level People’s Court in Ho Chi Minh City on May 28 opened a trial to review the case in which Huynh Thi Huyen Nhu, an ex-official of Vietinbank, and her accomplice were charged with swindling to appropriate VND1.085 trillion (US$43.8 million) of five companies.
The appeal court upheld the life imprisonment sentence for Huynh Thi Huyen Nhu, former deputy chief of the Risk Management Department of the Ho Chi Minh City branch of the Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), on January 7.
High-profile banker Nguyen Duc Kien, former Vice Chairman of the Asia Commercial Bank (ACB) Founding Council still faced a sentence of 30-year imprisonment as declared by the Hanoi Court of Appeals on December 15.
The Hanoi People’s Procuracy on May 27 proposed imposing a 30-year jail charge on one of Vietnam’s top banking tycoons, Nguyen Duc Kien, for his role in a multi-million dollar scandal uncovered last year.
(VOV) - A HCM City People’s Court on January 27 sentenced Huynh Thi Huyen Nhu, a former VietinBank worker, to life imprisonment charged with embezzling VND4 trillion and falsifying documents.
(VOV) - Vietnam has recently been rocked by the prosecution of a number of high profile corruption cases, which is testament to the Party and State’s strong commitment to counter corruption.
A swindling trial in which the defendant is accused of appropriating VND3.9 trillion (US$ 188.7 million) from individuals and banks began in Ho Chi Minh City on January 6.