Assistant to Van Thinh Phat Group Joint Stock Company dies after being detained for two days

Ms. Phuong Hong

Ms. Nguyen Phuong Hong, 39 years old, assistant to Van Thinh Phat Group Joint Stock Company, who was probed and arrested by the police on October 7 in a case of fraud to appropriate property, was announced by her family to be dead on October 10.

The Law Online newspaper reported on October 10 at the time when the family of Nguyen Phuong Hong was mourning at her home on Nam Hoa street, Phuoc Long A ward, Thu Duc city.

According to the obituary of the family, Ms. Hong died at 3:30 am on October 9, 2022, but did not specify why she died.

Previously, according to the bulletin on October 8 on the Portal of Vietnam’s Ministry of Public Security, on October 7, the Investigative Police Agency of the ministry issued Decisions to probe the accused, arrest warrants for the accused for temporary detention, and a house search warrant for Truong My Lan – Chairwoman of Van Thinh Phat Group and three defendants, including Ms. Hong, for the crime of “fraudulent appropriation of property” due to fraudulent acts in the issuance, sale, and purchase of bonds contrary to the law to appropriate trillions of dong in the 2018-2019 period.

On October 7, state media reported that Nguyen Tien Thanh, Chairman of the Board of Directors and General Director of Tan Viet Securities Joint Stock Company (TVSI) died suddenly on the evening of October 6. He was born in 1973 in Hai Duong but lives in Binh Tan district, Ho Chi Minh City. Mr. Thanh is also the husband of Ms. Tong Thi Thanh Hoang, Deputy General Director of Van Thinh Phat Group Joint Stock Company.

According to Thanh Nien newspaper, after Mr. Thanh suddenly passed away on the evening of October 6, the Board of Directors of TVSI issued Resolution 85 appointing Mr. Nguyen Viet Cuong – Member of the Board of Directors – to hold the position of Chairman cum General Director of the company and replaced Mr. Thanh, from October 7.

The remarkable point that RFA has updated is that two hours after the Ho Chi Minh City Law Newspaper reported on the death of Ms. Phuong Hong, the article in this newspaper was no longer available. The link to the content redirects to the home page. However, the website in the 24h news section still has an article citing the source of Ho Chi Minh City Law with the title “A probed one in the Van Thinh Phat case” passed away. (Translated)