As VietNamNet reported, regarding the Van Thinh Phat case phase 2, the Supreme People's Procuracy has just completed the indictment to prosecute the Chairwoman of the Board of Directors of Van Thinh Phat Group, Truong My Lan, and 33 defendants.

Previously, on September 12, 2023, the Ministry of Public Security's Investigation Police Agency issued an official dispatch with a request for judicial assistance in criminal matters, requesting the Attorney General of the British Virgin Islands, the Attorney General of the Cayman Islands (both part of the United Kingdom) and the Department of Justice of the Hong Kong Special Administrative Region (China) to coordinate in verifying the legality of 11 foreign organizations and the legal representatives of 11 foreign organizations related to the case.

In particular, verify the relationship of these 11 foreign organizations with Ms. Truong My Lan and her husband; the relationship between the above companies and organizations and individuals in Vietnam.

On May 14, 2024, the Ministry of Public Security's Investigation Police Agency issued an official dispatch with a request for criminal judicial assistance to verify the subjects Chiu Bing Keung Kenneth and Chen Yi Chung regarding the relevant contents of the case.

However, to date the above requests for judicial assistance have not had any results.

According to the indictment, from 2012 to 2022, whenever she needed to use money transferred abroad to pay debts and receive loans from abroad, Ms. Truong My Lan assigned Trinh Quang Cong to coordinate with Nguyen Phuong Anh and Chiu Bing Keung Kenneth (lawyers assigned by Ms. Lan to manage foreign companies) to establish "fake" contracts for buying and selling shares, capital contributions, and consulting between companies in Vietnam and companies and organizations abroad (all of which are "ghost" companies under the management and operation of individuals belonging to Van Thinh Phat Group).

Through these "fake" contracts, loan money is transferred from abroad to Vietnam and debt repayment money is transferred from Vietnam to abroad through the SCB Banking system.

The total amount of money that Ms. Lan and her accomplices illegally transported across the border was more than 4.5 billion USD, equivalent to 106 trillion VND.

According to the accusation, in August 2020, Ms. To Thi Anh Dao, Deputy General Director of Van Thinh Phat Group, learned about Ms. Truong My Lan's policy of using "ghost" companies to plan money flows and transfer money back and forth with foreign partners through "fake" contracts.

In 2022, Ms. Dao was assigned by Ms. Lan to manage Helios Company to receive money from abroad to Vietnam and transfer money from Vietnam to abroad through a "fake" loan contract between Saigon Helios Joint Stock Company (Helios Company) and a company abroad.

Following Ms. Lan's instructions, Ms. Dao transferred Helios Company's documents to Chiu Bing Keung Kenneth to draft a loan contract.

When there was a loan contract, Ms. Dao prepared documents and files so that when the money came from abroad, she could do the procedures for Helios Company to withdraw 40 thousand USD at SCB Bank, transfer it to Ms. Lan's secretary, Tran Thi Hoang Uyen, to use for Ms. Lan's own purposes.

The investigation results showed that, with the money transferred abroad, Ms. Lan instructed Ms. Dao to contact Chiu Bing Keung Kenneth to get the contract liquidation documents. The contract stated that Helios Company had to pay the foreign company 40 thousand USD. Ms. Lan instructed Ms. Dao to contact Trinh Cong Quang to get the source of the money transferred abroad.

In this case, the investigation agency determined that Ms. Dao and her accomplices illegally transported currency across the border worth more than 99 million USD, equivalent to more than 2,445 billion VND.