Performer Truong Ngoc Anh

On October 31, the Police Investigation Agency of the City Police. Ho Chi Minh City has decided to prosecute the case, prosecute the defendant and temporarily detain Ms. Truong Ngoc Anh (49 years old) to investigate the act of "abusing trust to appropriate property".

Previously, Dao Duy Anh Real Estate Joint Stock Company (headquartered at 25 Dao Duy Anh, ward Duc Nhuan) has sent a complaint against Ms. Truong Ngoc Anh, who used to hold the position of Chairman of the Board of Directors and Director of the company, for showing signs of appropriating the company's assets.

According to records, Dat Rong Real Estate Company Limited was established in 2007, with Ms. Anh as Director and legal representative. During the operation, Ms. Anh called on Mr. P. G. M. (Irish nationality) to contribute a total investment capital of 9.1 million USD (about 149 billion VND) to implement two real estate projects, including the Indochine building project at 112 Nguyen Thi Minh Khai, District 3 (old).

For the Indochine project alone, Mr. M. transferred to Ms. Anh 4.49 million USD, equivalent to 72 billion VND. According to the investment contract signed on January 25, 2008, this project must be owned by Dat Rong Company, with a total value of 12,917.7 taels of gold.

However, initial investigation results show that before the investment contract was signed, Ms. Truong Ngoc Anh and Mr. N. M. H. (61 years old, residing in Tan Dinh ward) personally signed sales contracts with four households in the land of project, with a total value of only 7,917.3 taels of gold.

Of that number, Ms. Anh only paid 3,000 taels of gold, but recorded in the company's accounting books as having spent 4,458 taels of gold. This behavior violates the investment agreement, showing signs of fraud, falsely increasing the value of the project to appropriate the difference in the company's assets.