Tran Bac Ha, former Chairman of the State-owned BIDV’s Board of Directors, has faced this charge, regulated in Article 206 of the 2015 Penal Code, since late November 2018. He is now being investigated for more violations relating to the approval of granting credit for the Trung Dung Trade and Tourism Co. Ltd.
On January 9, the investigation police agency of the Ministry of Public Security also launched criminal proceedings against and put five other BIDV officials into temporary detention for the same charge.
They consist of Doan Anh Sang (former Deputy Director General of the BIDV), Ngo Duy Chinh (former Director of the BIDV’s Ha Thanh branch), Nguyen Xuan Giap (former Deputy Director of the branch), Pham Hong Quang (former head of the branch’s corporate customers division No. 1), and Dang Thanh Nam (former employee at the branch’s corporate customers division No. 1).
Meanwhile, Doan Hong Dung, Director of the Trung Dung company, was charged with “abusing prestige to appropriate assets” under Article 175 of the 2015 Penal Code. He was also taken into police custody.
Last November, besides Tran Bac Ha, several other BIDV officials were also detained and investigated for “violating regulations on banking activities, other activities relating to banking activities”.
Ha, who is also former Secretary of the BIDV Party Committee, was dispelled from the Party. The Party Central Committee’s Inspection Commission said he held the main responsibility for wrongdoings and shortcomings of the BIDV Party Committee’s standing board for the 2010-2015 and 2015-2020 tenures