Prosecution of Agribank credit officer for embezzling nearly 17 billion VND

About 100 people in Vinh Bao district (Hai Phong) were shocked to find that they had borrowed only 10, 20 or 50 million VND but were reported to have a debt of up to 400, 500 or 800 million VND. During the investigation, the police discovered that credit officer Le Thi Vung had defrauded and appropriated nearly 17 billion VND.

Credit officer Le Thi Vung was accused of appropriating nearly 17 billion VND.

On November 26, the Investigation Police Agency of Vinh Bao District Police - Hai Phong City announced that it had issued a decision to prosecute a criminal case of violating regulations on lending in credit activities at the Bank for Agriculture and Rural Development (Agribank) Nam An branch (Tam Cuong commune, Vinh Bao district).

At the same time, the investigation agency also decided to prosecute and temporarily detain Le Thi Vung (born in 1961, residing in Dong Am, Tam Cuong commune, Vinh Bao district), a credit officer at Agribank Nam Am Branch.

Previously, Agribank Hai Phong Branch temporarily suspended Ms. Le Thi Vung; Mr. Bui Thanh Tinh, Director of Agribank Nam Am Branch in Vinh Bao District; Ms. Pham Thi Hong, Deputy Head of Planning and Business Department of Agribank Nam Am Branch, to serve the investigation of Vinh Bao District Police.

According to investigation documents, around the end of October 2012, about 100 people in Vinh Bao district were shocked to discover that they had only borrowed 10, 20, 50 million VND but were reported by Agribank to owe up to 400, 500 or 800 million VND. Immediately after that, the Vinh Bao District Police Investigation Agency received 60 complaints from citizens about Ms. Le Thi Vung showing signs of appropriating 16 billion 790 million VND from households.

Along with the complaints, people presented debt receipts between Ms. Vung and households that borrowed capital from Agribank Nam Am branch and commitment papers to borrow more in the loan books of some cases.

Loans to households have been made for many years with different loan levels, such as loans through certificates of land use rights, certificates of agricultural land use rights, etc. There are a few cases of loans using land measurement documents.

Currently, the authorities are continuing to verify and clarify the responsibilities of relevant people at Agribank Hai Phong Branch.

According to Nguoilaodong-M