Vietnam prosecutors call for surrender of former Bamboo Capital chairman

The Supreme People's Procuracy (Case 3) has issued a call for former Bamboo Capital Chairman Nguyen Ho Nam and three other individuals to surrender to authorities. This follows the conclusion of an investigation by the Ministry of Public Security into a case of “fraudulent appropriation of property” involving Bamboo Capital Group Joint Stock Company and related entities in Ho Chi Minh City and other locations.

The four individuals recommended for prosecution are Nguyen Ho Nam, former Chairman of Bamboo Capital; Huynh Thi Kim Tuyen, Chair of the BCG Capital Committee; Pham Thi Ngoc Thanh, a member of the BCG Capital Committee and CEO of Helios; and Le Thi Mai Loan, Vice Chair of the BCG Capital Committee and Chair of Gia Khang and Helios.

Authorities stated that if the suspects continue to abscond, they will be considered to have waived their right to defense and will be prosecuted and tried according to the law. The Supreme People's Procuracy encouraged the suspects to surrender to the nearest police or procuracy office to benefit from state leniency policies.