Bank Scandal

DongA Bank yet to compensate victims of hacking

July 10, 2018 | 18:55

After discussion, clients approved DongA Bank to take more time with investigations, and the bank will give its final conclusion on July 12 or 31.

Former Eximbank Do Luong officer proposed for life imprisonment

July 06, 2018 | 08:00

Nguyen Thi Lam, the mastermind behind the appropriation of $2.2 million in Eximbank’s Do Luong branch was proposed a sentence of life imprisonment.

Eximbank officer in Chu Thi Binh case released on bail

July 05, 2018 | 10:55

Eximbank officer Nguyen Thi Thi has been released on bail. She is prosecuted for her part in appropriating $10,8 million from Chu Thi Binh.

Two hacked customers lose VND200 million in DongA Bank overnight

July 02, 2018 | 15:42

Two DongA Bank cardholders confirmed that they still have their cards and have never given them to anyone, but VND201 million was stolen from their accounts.

Ex-HSBC executive jailed 10.5 years for cheating mostly elderly victims of S$5.2m

June 29, 2018 | 21:22

SINGAPORE: A former senior vice-president of HSBC Bank was sentenced to 10-and-a-half years' jail on Friday (Jun 29) for cheating five female victims, who are her relatives and their friends, out of S$5.2 million over a period of 12 years.

Eximbank trying to recover meagre reputation

June 27, 2018 | 17:17

Eximbank paid $4.1 million in compensation for Chu Thi Binh, who was swindled out of $10,8 million early last year.

Court hearing opens on VND50 billion Eximbank appropriation case

June 26, 2018 | 15:16

The first instance hearing of Nguyen Thi Lam and 15 other defendants who appropriated VND50 billion from customers at Eximbank's Nghe An branch starts today.

Vu Nhom and 23 accomplices to be prosecuted on four charges

June 19, 2018 | 21:25

The investigation agency found that Tran Phuong Binh caused $157 million, while Vu Nhom caused $8.8 million of financial damage to DAB.

PNJ falls as Dong A Bank case continues with two new defendants

June 12, 2018 | 08:00

After being prosecuted in the DAB case, Nguyen Thi Cuc handed in her resignation as a member of PNJ’s board of management.

Former BIDV chairman implicated in notorious banking fraud

June 04, 2018 | 22:09

The violations of BIDV and its former chairman Tran Bac Ha related to the notorious VNCB case are very serious.

Eximbank brings in key personnel to tackle series of fraud scandals

June 04, 2018 | 20:26

Within two months, Eximbank has appointed two deputy general directors after firing nine. Will this move enable Eximbank to overcome the scandals of swindling approximately VND300 billion ($13.2 million) from customers?

Australia's Commonwealth Bank agrees to US$530m fine over money-laundering breaches

June 04, 2018 | 08:46

SYDNEY: The Commonwealth Bank on Monday (Jun 4) agreed to the largest civil penalty in Australian corporate history to settle claims it breached anti-money laundering and counter-terrorism financing laws.

Former senior banking advisor Hua Thi Phan sentenced to 30 years of imprisonment

June 03, 2018 | 10:30

Hua Thi Phan was sentenced to 30 years of imprisonment on two charges, and has to repay VND16.796 trillion ($740 million) to Construction Bank (CB) as well as pay nearly VND17 billion ($0.75 million) for court fees.

Court sentences former Trust Bank senior advisor to 30 years in jail

June 01, 2018 | 10:37

Twenty-eight former officials of Dai Tin Bank (Trust Bank - now the Vietnam Construction Bank) charged with "abusing trust to appropriate property" and "intentionally violating State regulations on economic management and causing serious consequences" were sentenced to three to 30 years in jail by the HCM City People’s Court on May 31 after a three-week trial.