Jailed PVN chairman found to appoint incompetent contractor for ethanol plantThe Saigon Times Daily Dinh La Thang (front), former board chairman of the Vietnam National Oil and Gas Group (PVN), stands trial at a Hanoi court in 2018 – PHOTO: VNA HCMC – Dinh La Thang, 59, board chairman of the Vietnam National Oil and Gas Group (PVN) between 2006 and 2011, was found to have appointed an incompetent contractor to take charge of an ethanol plant in the northern province of Phu Tho, a source from the Ministry of Public Security told Tuoi Tre Online newspaper. Investigators found that Thang had signed a resolution on in-principle approval of the Phu Tho ethanol plant project in 2007. One year later, PVN set up a steering committee for the execution of bio-fuel projects. Thang led the committee, while Vu Quang and the 61-year-old Tran Thi Binh, who were deputy general directors of PVN at the time, served as his deputy heads. Before the execution of the Phu Tho ethanol … [Read more...] about Jailed PVN chairman found to appoint incompetent contractor for ethanol plant
The minister of transport dinh la thang
Ex-Petro Vietnam Chairman Đinh La Thăng faces more charge
Đinh La Thăng at a court hearing in May last year. — VNA/VNS PhotoViet Nam News HÀ NỘI — Police on Sunday launched criminal proceedings against Đinh La Thăng, former chairman of the Vietnam National Oil and Gas Group (PetroVietnam), for suspected violations at Petrochemical and Bio-Fuel Joint Stock Company – a subsidiary of this group. Thăng, born in 1960, is being investigated for “violating regulations on investment in construction, causing serious consequences” under Article 224 of the Penal Code. The same day, the Ministry of Public Security also launched criminal proceedings against and searched the house of Trần Thị Bình, former deputy director general of PetroVietnam, on the same charges. She is currently under house arrest. This was the latest move by police probing the Phú Thọ ethanol factory of the Petrochemical and Bio-Fuel JSC. In 2018, Thăng, former Politburo … [Read more...] about Ex-Petro Vietnam Chairman Đinh La Thăng faces more charge
Vietnamese fallen politician has million-dollar graft appeal thrown out of court
A court in Hanoi upheld a 13-year sentence against a former head of PetroVietnam on Monday, rejecting his appeal that he had followed protocols in a case that caused massive losses at the state giant. Dinh La Thang, a fallen political star and board chairman of PetroVietnam, had previously asked the Hanoi court to review the charge and tried to appeal the 13-year jail term he received in a historic trial in January for economic management violations. After a week-long trial, the Hanoi Superior People's Court eventually rejected his appeal. The indictment said he took advantage of his position as head of PetroVietnam to commit serious violations that caused million-dollar losses at the state giant. He violated regulations by assigning PetroVietnam Construction JSC (PVC) as the main contractor for several thermal power projects. He directly appointed Trinh Xuan Thanh as general director of PVC in December 2007, before making various promotion, funding and recruitment decisions to boost … [Read more...] about Vietnamese fallen politician has million-dollar graft appeal thrown out of court
Vietnam to hear appeal of runaway oil bigwig in landmark corruption case next month
Hanoi is scheduled to hold an appeal trial over corruption convictions against former PetroVietnam executives including a notorious runaway bigwig on May 7. Hanoi Superior People's Court, an appellate jurisdiction, is going to spend 10 days hearing the appeals of Trinh Xuan Thanh, former chairman of PetroVietnam Construction JSC (PVC), Dinh La Thang, former chief of PetroVietnam, and 13 others convicted for million-dollar losses at the state oil giant at a trial in January. Thanh, who was sentenced to life imprisonment for embezzlement and economic management violations, said he did not commit the crimes. Thang, who received a 13-year sentence for economic management violations, said his punishment was "too harsh" and has appealed to have it commuted. The verdict was not fair or objective in assessing his role in the case, the fallen political star said in his appeal letter. Most of the other defendants, who received up to 22 years in prison, are also seeking commuted sentences. Thang, … [Read more...] about Vietnam to hear appeal of runaway oil bigwig in landmark corruption case next month
Oceanbank fraud trial: Đinh La Thăng appeals against court’s decision
Đinh La Thăng, former chairman of the Member Council of the Vietnam Oil and Gas Group (PetroVietnam), who was involved in the OceanBank case, has appealed against his jail sentence to the Hà Nội People’s Court.— VNA/VNS Photo HÀ NỘI — Đinh La Thăng, former chairman of the Member Council of the Vietnam Oil and Gas Group (PetroVietnam), who was involved in the OceanBank case, has appealed against his jail sentence to the Hà Nội People’s Court. Earlier, the court on March 29 handed down an 18-year jail sentence to Thăng, also former minister of Transport and former chairman of the HCM City People’s Committee, for his role in the OceanBank case that caused losses of VNĐ800 billion (US$35.2 million) to the State budget. They included Nguyễn Xuân Sơn, former deputy general director of PetroVietnam, sentenced to 30 months in prison, Vũ Khánh … [Read more...] about Oceanbank fraud trial: Đinh La Thăng appeals against court’s decision