Arrest of former Deputy Director of Agribank

Former Deputy Director of Agribank Can Tho branch Tran Huy Lieu was arrested and detained. Former Director Le Thanh Hai was prosecuted and banned from leaving his place of residence.

Regarding the case of "Intentionally violating State regulations causing serious consequences and fraudulent appropriation of property occurring at the Bank for Agriculture and Rural Development, Can Tho branch (Agribank Can Tho), on the afternoon of March 8, 2017, the Investigation Security Agency, Can Tho City Police announced that it had served the decision to prosecute the accused Le Thanh Hai, born in 1964, residing in An Phu Ward, Can Tho City, former Director of Agribank Can Tho and Tran Huy Lieu, born in 1972, residing in Cai Khe Ward, Can Tho City, former Deputy Director of Agribank Can Tho.

Authorities temporarily detained defendant Tran Huy Lieu.

Two former bank leaders were prosecuted for the acts of "Approving loans to the wrong subjects according to Decision No. 63/QD-TTg of the Prime Minister, colluding to inflate the value of mortgaged assets, colluding to create fake documents in credit lending causing especially serious consequences" committing the crime of intentionally violating State regulations on economic management causing serious consequences as prescribed in Article 165 of the Penal Code.

The authorities simultaneously applied the preventive measure of prohibiting the defendant Le Thanh Hai from leaving his place of residence and arrested the defendant Tran Huy Lieu for temporary detention.

These are two defendants involved in the criminal case of "Intentionally violating State regulations on economic management causing serious consequences and Fraudulent appropriation of property occurring at Agribank Can Tho" which was prosecuted by the Security Investigation Agency, Can Tho City Police in June 2016.

Thus, up to now, the Investigation Security Agency of Can Tho City Police has prosecuted 6 defendants, of which 5 defendants have been prosecuted and temporarily detained, including: Tran Huy Lieu (Former Deputy Director of Agribank Can Tho), Nguyen Huynh Dat Nhan (Director of Tay Nam Agricultural and Aquatic Products Company), Pham Tuong Thi (Director of Tan Tien Company), Nguyen Van Dat (Deputy Director of Tan Tien Company) and Bui Tuan Anh (Head of Corporate Credit Department of Agribank Can Tho); prosecuted and banned from residence the defendant Le Thanh Hai (Former Director of Agribank Can Tho).

The case is under further investigation./.

According to vov