Tien Phong Bank ( TPBank ) has just issued a press release regarding the prosecution of Mr. Do Anh Tu, former vice president of the bank.
The bank said the case was initiated by the authorities 4 months ago (mid-March) due to its involvement with Bamboo Capital Company (BCG) issuing bonds, Tien Phong Securities Joint Stock Company (TPS) as the issuance consultant, and Mr. Do Anh Tu as Chairman of the Board of Directors of TPS.
Mr. Do Anh Tu had resigned from all positions at TPBank before. Immediately after receiving information about the incident, TPBank also proactively conducted a comprehensive review of related activities.
"Mr. Do Anh Tu's role in the case is within the scope of TPS Securities Company's operations, and does not affect the bank's management and operations, nor is it related to TPBank's credit, financial or operational activities," the bank affirmed.
Mr. Do Anh Tu, 63 years old, has been Vice Chairman of TPBank's Board of Directors since 2012 and directly holds 3.71% of the capital here. On March 18, he resigned from the Board of Directors of Tien Phong Bank and TPS Securities for personal reasons.
TPBank said it is still maintaining stable, safe, effective operations and fully complying with legal regulations. At the end of the second quarter, TPBank recorded an estimated pre-tax profit of more than VND4,100 billion, up 12% over the same period. Credit growth of 11.7%, reflecting the effectiveness of the bank's management and development orientation.
VN (according to VnExpress)Source: https://baohaiphongplus.vn/ong-do-anh-tu-bi-khoi-to-khong-anh-huong-den-hoat-dong-cua-tpbank-415881.html
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