Trinh Xuan Thanh, a former official of state-run oil and gas group PetroVietnam (PVN), has been sentenced to life in prison for the second time for embezzlement. The Hanoi People’s Court on Monday announced their final decision regarding the sentencing of Thanh, ex-chairman of PetroVietnam Construction Corporation (PVC), a subsidiary of PVN, and his seven accomplices. Thanh was sentenced to life imprisonment for embezzling VND14 billion (US$616,502) at the PetroVietnam Power Land Joint-Stock Company (PVP Land). The other seven suspects were slapped with jail terms between six and 16 years. According to the case file, the violation was committed during the transfer of shares at PVP Land in 2010. In late March that year, Le Hoa Binh, former chairman of 1/5 Construction and Services JSC, as well as five shareholders of the Trans-Pacific Services JSC signed a contract to buy 24 million shares in Nam Dan Plaza, a project in which PVP Land held a 50.5 percent capital investment. In order to buy the remaining Nam Dan Plaza shares, Thai Kieu Huong, the former deputy general director of Vietsan Investment JSC, which was one of five shareholders in Trans-Pacific Services JSC, approached Thanh and asked him to divest his interest in the real estate project. Thanh agreed and directed his subordinate, Dao Duy Phong, to handle the procedure. Phong then established a plan to sell over 12 million shares of Nam Dan Plaza at VND13.578 ($0.6) each, or equivalent to VND34 million ($1,497) per square meter, while the original value was VND52… [Read full story]
Former Chairman of PetroVietnam Construction Joint Stock Corporation (PVC) Trinh Xuan Thanh was sentenced to life imprisonment for his wrongdoings (Source: VNA) Hanoi (VNA) – Former Chairman of PetroVietnam (PVN) Construction Joint Stock Corporation (PVC) Trinh Xuan Thanh on January 22 was sentenced to life imprisonment for his wrongdoings at the corporation. Specifically, Thanh got a life sentence on the charge of “asset embezzlement” and 14 years in jail for “deliberately violating State regulations on economic management, causing severe consequences”. The combined penalty for both counts is life imprisonment. Also charged with “deliberately violating State regulations on economic management, causing severe…... [read more]
The court ruled that Chuah Chow Fay stabbed Alexk Kwork, 46, to death on May 21, 2015 at a hotel on Tran Phu Street, District 5. Fay admitted that the two men had started arguing after Alexk asked to borrow money for an air fare back to the United States. After Fay refused to help him, the row escalated and Alexk picked up a paper knife and threatened Fay. The court heard that the Malaysian swiftly fought back, grabbing the knife and stabbing his victim in the neck. Following the incident, Fay swapped his blood-stained clothes and threw the knife…... [read more]
The People's Court of the northern mountainous province of Dien Bien on April 4 sentenced Giang A Tinh to life imprisonment for conducting banditry in Muong Nhe district, in accordance with Article 83 of the Penal Code. Tinh, or Giang Pa Tinh, was born in 1968 and resides in Pa My commune, Muong Nhe district. He was among seven others accused of leading, organising and directly using weapons in attacks against officials. The other accused were given sentences ranging from 15 to 20 years behind bars. They were also ordered to compensate 138 million VND (6,480 USD) to the family…... [read more]
In addition, 13 to 14 years of imprisonment was sought for Thanh on the count of “deliberately violating State regulations on economic management, causing severe consequences”. The combined penalty for both charges is life imprisonment.A sentence of 8- to 9-year imprisonment was proposed for Vu Duc Thuan (former Director General of PVC) on the charge of “deliberately violating State regulations on economic management, causing severe consequences” and 18- to 19-year imprisonment for “asset embezzlement”, with the combined prison term for both charges is between 26 and 28 years in prison.For the 12 defendants charged with “deliberately violating State regulations on…... [read more]
VietNamNet Bridge - Ho Chi Minh City People's Procuracy on October 18 sentenced Huynh Ngoc Si, former deputy director of the HCM City Transport Department and director of the Japan-funded East-West Highway and HCM City Water Environment projects to life imprisonment. Avenue project ex-manager prosecuted for bribery Why Huynh Ngoc Si not be prosecuted for bribery yet? Vietnamese prosecutors seek corruption evidence in Japan Court lengthens jail terms for ex-officials Avenue project ex-manager prosecuted for bribery The judging panel decided to seize Si's two houses in District 3, HCM City and forced Si to return the $262,000-worth bribe to the…... [read more]
