Life sentence for oil executive fugitive and 13-years for former PVN chairman
Hanoi People's Court this morning handed down a 13-year sentence to former Politburo and chairman of the state-owned Vietnam Oil and Gas Group (PVN), Dinh La Thang, for deliberately violating state regulations on economic management, causing serious consequences.
Former Politburo and chairman of the state-owned Vietnam Oil and Gas Group, Dinh La Thang, was sentenced 13 years in prison
Meanwhile Trinh Xuan Thanh, former chairman of PetroVietnam Construction Corporation (PVC), a unit of PVN, was given a life sentence after being found guilty of both economic mismanagement and embezzlement.
The two have been standing a two-week trial with 20 other former PVN and PVC executives accused of being responsible for million-dollar losses at several power projects run by the PVC.
Vu Duc Thuan, former general director of PVC, was sentenced to a total of 22 years in prison for the same offences as Thanh.
Other defendants received sentences ranging from 17 months to 16 years in jail for either economic mismanagement or embezzlement.
According to reports by the court, Thang was found to have broken the law when assigning PVC to carry out the engineering, procurement and construction (EPC) package at the Thai Binh 2 power plant.
The indictment said he directly appointed Thanh as PVC’s CEO in December 2007, before making various promotion, funding and recruitment decisions to boost Thanh’s power and facilitate the company’s operations.
He is accused of being responsible for Thanh’s actions that led to losses of more than VND119 billion (USD5.24 million) at Thai Binh 2 Thermal Power Plant and the embezzlement of VND4 billion (USD176,000) at another.
Thang, 57, served as chairman of PVN from 2006 to 2011 before his political career took off as Minister of Transport in Prime Minister Nguyen Tan Dung’s cabinet and then as party secretary of Ho Chi Minh City.
He was arrested on December 8 after being voted out of the then 19-member Politburo, the party’s decision-making body, and was fired as party chief of Ho Chi Minh City in May.
Fifty-two-year-old Thanh was detained last August after he fled to Europe.
Former Politburo and chairman of the state-owned Vietnam Oil and Gas Group, Dinh La Thang, was sentenced 13 years in prison
Meanwhile Trinh Xuan Thanh, former chairman of PetroVietnam Construction Corporation (PVC), a unit of PVN, was given a life sentence after being found guilty of both economic mismanagement and embezzlement.
Former chairman of PetroVietnam Construction Corporation, Trinh Xuan Thanh, at the court on January 22
The two have been standing a two-week trial with 20 other former PVN and PVC executives accused of being responsible for million-dollar losses at several power projects run by the PVC.
Vu Duc Thuan, former general director of PVC, was sentenced to a total of 22 years in prison for the same offences as Thanh.
Other defendants received sentences ranging from 17 months to 16 years in jail for either economic mismanagement or embezzlement.
According to reports by the court, Thang was found to have broken the law when assigning PVC to carry out the engineering, procurement and construction (EPC) package at the Thai Binh 2 power plant.
The indictment said he directly appointed Thanh as PVC’s CEO in December 2007, before making various promotion, funding and recruitment decisions to boost Thanh’s power and facilitate the company’s operations.
He is accused of being responsible for Thanh’s actions that led to losses of more than VND119 billion (USD5.24 million) at Thai Binh 2 Thermal Power Plant and the embezzlement of VND4 billion (USD176,000) at another.
Thang, 57, served as chairman of PVN from 2006 to 2011 before his political career took off as Minister of Transport in Prime Minister Nguyen Tan Dung’s cabinet and then as party secretary of Ho Chi Minh City.
He was arrested on December 8 after being voted out of the then 19-member Politburo, the party’s decision-making body, and was fired as party chief of Ho Chi Minh City in May.
Fifty-two-year-old Thanh was detained last August after he fled to Europe.
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