Ex-deputy governor of Vietnam’s central bank prosecuted for role in $400mn loss
The former executive was charged for negligence that resulted in a series of high-profile scandals and massive losses
The former executive was charged for negligence that resulted in a series of high-profile scandals and massive losses
More than 200 individuals, including multiple banking and business moguls, were summoned to court
The State bank of Vietnam said it will closely cooperate with investigative police if requested
The central bank has dispatched many senior officials of Vietcombank to take over the most important roles in the loss-making Vietnam Construction Joint Stock Commercial Bank after it bought the lender out earlier this month
Vu Bach Yen and Dam Minh Duc have been elected as the new chairperson of the board of directors and new general manager of Vietnam Construction Bank, respectively.