The Van Thinh Phat Group case is the most confusing gray area case ever. So far, a total of 3 people have died suddenly since Van Thinh Phat was about to be probed. Specifically, on October 6, 2022, Mr. Nguyen Tien Thanh, a member of the Board of Directors of SCB, died suddenly. He is the Chairman of the Board of Directors and General Director of Tan Viet Securities Joint Stock Company. Thanh is the husband of Mrs. Tong Thi Thanh Hoang – Deputy General Director of Van Thinh Phat Group Joint Stock Company.
Next, on December 10, 2022, the state-controlled media reported on the death of Ms. Nguyen Phuong Hong while in detention. Ms. Hong is also a member of the Board of Directors of SCB. This death is a shadowy death, the press is pressured to remove the article after a few hours of publication.
The social network on October 14-15, 2022 shared a photo of the obituary of Mr. Nguyen Ngoc Duong, Director of Saigon Peninsula Company, and former General Director of Van Phat Hung Company which is believed to have related to Van Thinh Phat Group. In addition to these three mysterious deaths, in 2014, Deputy Minister of Public Security Senior Lieutenant General Pham Quy Ngo also died unexpectedly after Van Thinh Phat’s bribery case was revealed in court.
On October 29, 2022, at the regular government press conference, Ministry of Public Security’s Spokesman To An Xo admitted that the initial investigation of the Van Thinh Phat Group case was difficult. That said, the deaths are not random, but are related to the investigation lead, leading to more important characters.
On March 28, Do Thi Nhan, former Director of Banking Inspection and Supervision Department II, under the State Bank of Vietnam, was probed for alleged violations related to the Van Thinh Phat case. Mr. Nguyen Van Thanh, Major General, Deputy Director of the Criminal Investigation Police Department on corruption and economic crimes (C03, Ministry of Public Security) said that Ms. Nhan was investigated for the crime of “abusing position and power during the examining official duty.”
It is known that Ms. Nhan is no longer the Director of Banking Inspection and Supervision II, from May 2020, because she was assigned to hold the position of a member of the Members’ Council of a large-scale state-owned bank. In addition to Ms. Nhan, C03 also probed four members of the inter-sectoral inspection team, belonging to the Banking Inspection and Supervision Agency, the State Bank of Vietnam.
According to C03, Ms. Nhan and the members of the inspection team made false reports on the inspection results to the State Bank’s leaders, leading to the untimely supervision of SCB. “This is a serious violation.”
In the Government apparatus, the top often blames subordinates for false reports. This is the most common way of avoiding responsibilities. The investigative agency could not easily believe such childish reasons. When the boss let the soldiers do wrong, the boss must be responsible but cannot be innocent.
The case still needs to be investigated, the State Bank of Vietnam in the period before 2020 was led by Mr. Le Minh Hung as Governor. Currently, Mr. Hung is the Chief of Office of the Party Central Committee. It is unclear who this time Mr. Nguyen Phu Trong’s furnace will be aimed at? It could be Mr. Le Minh Hung, but it could also be Mr. Nguyen Van Binh.
The Van Thinh Phat case is a big case, from businesses, this case has spread to the state sector, and its starting point is the State Bank.
This case has many dead ones, the list may not end. All possibilities are possible. Police General Pham Quy Ngo died mysteriously after it was revealed that he had received millions of dollars from Truong My Lan.
Thoibao.de (Translated)
