The "matrix" of businesses linked to Van Thinh Phat and the Truong My Lan family.

The Van Thinh Phat Group ecosystem comprises approximately 1,000 businesses, including subsidiaries and affiliated companies both domestically and internationally. This group is divided into multiple layers, with hundreds of individuals hired to act as legal representatives or who are relatives, officers, or employees of the Van Thinh Phat Group.

The investigating agency also determined that Truong My Lan and her family members (daughter, granddaughter) owned significant shares in several businesses such as Van Thinh Phat Group Joint Stock Company, Van Thinh Phat Investment Group Joint Stock Company, and Viet Vinh Phu Financial Investment Joint Stock Company. In particular, Viet Vinh Phu Company had three shareholders who were all citizens of the "tax haven" British Virgin Islands.

Furthermore, Truong My Lan also instructed her subordinates to set up "shell" companies to obtain fraudulent loans and withdraw money from SCB Bank. Subordinates carried out tasks including naming the companies, hiring people to register as legal representatives, shareholders, and members of limited liability companies, finding company addresses, and selecting business lines.

Design: Thuy Tien

Source: https://dantri.com.vn/kinh-doanh/ma-tran-doanh-nghiep-lien-quan-van-thinh-phat-va-gia-dinh-truong-my-lan-20231120162636473.htm