Hai Phong City Police's Investigation Police Agency Office announced on 4/3 that three officials from Agribank Kien Thuy branch have been detained for violating banking regulations. The arrested individuals are Nguyen Tuan Dat (35), head of the customer department; Dao Thi Phuong Thao (38), deputy head of the customer department; and Pham Vinh Quang (31), customer department staff.

This action comes as part of an expanded investigation into Tran Huy Cuong, former General Director of Thuy Nguyen Trading Joint Stock Company, who is accused of fraudulently appropriating assets from the Anh Dung IV residential project in Hung Dao ward, Duong Kinh district. To facilitate loan disbursements for Cuong, a group of Agribank Kien Thuy branch officials allegedly conspired to intentionally falsify documents, legitimizing loan applications even though they did not meet eligibility requirements.

Previously, Cuong had used 40 land use rights certificates from the Anh Dung IV project as collateral for loans, leading to severe consequences.

The three bank officials after their indictment. Photo: Police handout

During the same expanded investigation, Hai Phong Police also dismantled a large-scale usury ring led by Pham Thi Thanh (57), residing in Le Chan district. Thanh allegedly lent money to many individuals, with the total principal exceeding 300 billion VND, and illegally profited over 27 billion VND.

Thanh has since fled abroad and is now subject to an international wanted notice. Additionally, two accomplices who significantly assisted Thanh have also been detained for usury in civil transactions.

Hai Phong City Police stated that this case is exceptionally complex, involving multiple sectors from real estate and banking to loan sharking. The police are continuing to expand the investigation, clarifying the responsibilities of involved organizations and individuals for strict handling according to regulations.

Le Tan