Party Committee inspectors in the Mekong Delta province of Bac Lieu have officially asked the State Bank of Vietnam (SBV) to punish a branch director for wrongdoings in licensing credit fund offices.
They have said his educational qualifications need to be verified, the Tuoi Tre newspaper reported.
After a two-month investigation, the provincial Party Committee's Inspection Board concluded that Ho Thai Nguyen, director of SBV's Bac Lieu branch, had committed a series of wrongdoings.
The inspectors said Nguyen did not graduate from high school but he attained a university degree, implying that he had used a fake certificate.
They asked the SBV to verify the authenticity of Nguyen's educational qualifications.
The inspectors also said Nguyen issued illegal documents to make personnel appointments, illegally granted licenses for the opening of transaction offices of People's Credit Fund and provided unauthorized loans.
The inspection into Nguyen's wrongdoings started on April 6, several months after he released a list of 61 major businesses in Bac Lieu with bank loans of more than 10 billion (US$486,000) each at a local business conference.
At the conference on January 20, representatives from the 61 companies were shocked at Nguyen's disclosure, and later sent complaints to the SBV, saying the action had hurt their business.
The companies also asked the provincial authorities to investigate Nguyen's conduct after he was appointed director of SBV's Bac Lieu branch.