Arrest warrant on former head of Dong A BankNguyen Huynh Dang, former head of the business division at the headquarters of Dong A Bank (DAB), is wanted for “intentionally violating state regulations on economic management and causing serious consequences” (Article 165 of the Criminal Code). The Ministry of Public Security has just issued an arrest warrant for defendant Nguyen Huynh Dang (47), former head of the business division at the headquarters of Dong A Bank. The ministry informed that anybody able to arrest Nguyen Huynh Dang should hand him over to the investigation agency at 47 Pham Van Dong Street, Bac Tu Liem district, Hanoi (telephone number: 069.2322621). The State Bank of Viet Nam sacked Dong A Bank general director Tran Phuong Binh and deputy general director Nguyen Thi Ngoc Van on Thursday for a slew of legal violations by the HCM City-based bank on their watch a few years ago. The financial crisis of Dong A Bank has caused great concerns for Phu Nhuan Jewellery’s (PNJ) investors as the bank has been the jeweller’s long-term investment.

Source: VietNamNet News January 15, 2018 05:37 UTC