​Vietnam tries former Politburo member for misconduct at state-owned petrol group

The trial of Dinh La Thang, former Politburo member and ex-chairman of state-run oil and gas group PetroVietnam (PVN), began in Hanoi on Monday and is scheduled to conclude this month. The municipal People’s Court has opened the trial of Thang, along with Trinh Xuan Thanh, the former chairman of PetroVietnam Construction Corporation (PVC), a subsidiary of PVN, and that of 20 other defendants. The suspects are alleged to have been involved in financial misconduct that led to losses of VND119 billion ($5.24 million). As the former chairman of PVN’s management board, Thang is charged with deliberately violating state regulations on economic management, with serious consequences. Thang, 57, was a member of the Politburo of the Communist Party of Vietnam from January 27, 2016 to May 7, 2017, and secretary of the Ho Chi Minh City Party Committee from February 5, 2016 to May 10, 2017.     Three attorneys will defend him during the trial. Eleven other suspects have been charged with similar offenses, while eight defendants will be prosecuted for embezzlement of property. Thanh and Vu Duc Thuan, the ex-general director of PVC, are charged with both. Dinh La Thang speaks before the court in Hanoi on January 8, 2018. Photo: Tuoi Tre According to court documents, PVN opened the Thai Binh 2 thermal power project, located in the namesake province, in 2010. Under Thang’s directions, PVC was chosen in June 2010 as the EPC (Engineering, Procurement, and Construction) contractor for the project. PVN then made an advance transfer of $6.6… [Read full story]


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