Vietnam police issued arrest warrants for seven former executives of the Saigon Joint Inventory Business Financial institution (SCB) over fraud and embezzlement fees, a 12 months after the nation’s central financial institution took management of the troubled lender.
The Ministry of Public Safety stated the suspects had been linked to a case involving SCB, actual property conglomerate Van Thinh Phat Group and associated items, based on a press release on its web site launched on October 29. It additionally known as on the suspects handy themselves in.