Man accused of making banking rumors, triggering mass SCB withdrawal

Created 10 October 2022
  • PDF
Editor Choice
(0 votes, average 0 out of 5)

A man in Ha Nam Province would face consequences for posting inaccurate information about banking operations, causing people to withdraw their money en-masse, police said.
Man accused of making banking rumors, triggering mass SCB withdrawal

Police of the northern province on Sunday said they are finishing up documents to deal with Nguyen Kien Quyet, 40, who used social media to upload inaccurate information.

On Saturday, Quyet used his personal Facebook account to post and comment "false information" about the banking industry. His actions caused confusion among the public, triggered anxiety and made people withdraw their money from the bank en-masse, police said.

One post, which goes with a photo of people outside a Saigon Commercial Bank office, asked depositors to act quickly before "there's no money left."

Crowds have been gathering at branches of SCB since Saturday afternoon to withdraw their money following news of a and his relations with property developer Van Thinh Phat Group.

The SCB also affirmed that Truong My Lan, chairwoman of Van Thinh Phat, who was related to issuance and trading of bonds worth trillions of dong (VND1 trillion = $41.87 million), does not hold managerial or executive positions at the bank.

It also noted that An Dong Investment Corporation, a real estate firm under Van Thinh Phat, which is linked to Truong My Lan’s violations in the issuance and trading of bonds, was not a shareholder of the bank.

The above-mentioned cases have not affected normal operations of SCB, the bank said, assuring that it has adequate solutions and resources to ensure the rights and interests of its depositors as well as partners and customers.

Source: VNE

Maybe You Also Interesting :

» How can I feel attracted to my husband again?

My husband and I dated for a year before getting married, and now we’ve been together for 10 years.I am no longer sexually attracted to my husband, even...

» HCMC auctions thousands of seized vehicles

Nearly 4,000 motorbikes and cars seized by Ho Chi Minh City police for traffic violations or crimes have been auctioned off by authorities this year.

» 49 sentenced for faking English proficiency certificates

A total of 49 people have been sentenced to prison and probation in the Mekong Delta’s Ben Tre Province for using fake English and computer literacy...