HANOI — The Ministry of Public Security’s Investigation Police Agency has officially charged Do Anh Tu, former Vice Chairman of the Board of Directors at Tien Phong Commercial Joint Stock Bank (TPBank), with fraud and appropriation of property.
The announcement was made by a representative of the Department for Economic, Corruption, and Smuggling Crime Investigation during a press conference on July 7, where the ministry reported its performance for the first half of the year.
Born in 1962, Do Anh Tu holds a Doctor of Science degree in energy machinery from the Czech Technical University in Prague. He previously served as Vice Chairman of TPBank’s Board of Directors and Chairman of Tien Phong Securities (TPS). Tu joined TPBank in 2012 and was officially elected Vice Chairman in April 2023. However, in March 2025, he unexpectedly resigned from all positions at both TPBank and TPS, citing personal reasons and affirming that he would not contest or intervene in the decision.
In addition to Tu, 14 other individuals have been indicted on similar charges of fraud and appropriation of property. Among them is Nguyen Ho Nam, former Chairman of Bamboo Capital Group.
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Source: Vietnam Insider