Former PetroVietnam chairman faces expulsion from CPV
The Communist Party of Vietnam Central Committee (CPVCC)’s Inspection Commission has proposed imposing the highest disciplinary fine against former PetroVietnam chairman Dinh La Thang who is member of the CPVCC and Vice Chairman of the CPVCC’s Commission for Economic Affairs.
The fine was announced at a Tuesday meeting in Hanoi chaired by Politburo member and chairman of the commission Tran Quoc Vuong basing on the CPVCC’s Regulation No. 30-QD/TW on the Party’s examination, supervision and discipline, the Politburo’s Regulation No. 102-QD/TW on handling Party members with violations, and the Hanoi People’s Court’s verdicts against Dinh La Thang.
Earlier, the Politburo had suspended Thang’s Party-related activities and his role as Vice Chairman of the CPVCC’s Commission for Economic Affairs.
Dinh La Thang is now defendant in two major cases. In the first case he was sentenced by the Hanoi People’s Court to 13 years behind bars on January 22 for other economic management violations at the oil and gas giant.
In the second case, the Hanoi People’s Procuracy has proposed him a term of 18 to 19 years in prison for wrongdoings in the PetroVietnam's investment of VND800 billion (USD35 million) in the Ocean Commercial Joint Stock Bank. Thang was also asked to return VND 600 billion for the losses he caused to PetroVietnam.
According to the law, party members given jail sentences will face expulsion from the party.
Dinh La Thang answers at a trial in Hanoi
The fine was announced at a Tuesday meeting in Hanoi chaired by Politburo member and chairman of the commission Tran Quoc Vuong basing on the CPVCC’s Regulation No. 30-QD/TW on the Party’s examination, supervision and discipline, the Politburo’s Regulation No. 102-QD/TW on handling Party members with violations, and the Hanoi People’s Court’s verdicts against Dinh La Thang.
Earlier, the Politburo had suspended Thang’s Party-related activities and his role as Vice Chairman of the CPVCC’s Commission for Economic Affairs.
Dinh La Thang is now defendant in two major cases. In the first case he was sentenced by the Hanoi People’s Court to 13 years behind bars on January 22 for other economic management violations at the oil and gas giant.
In the second case, the Hanoi People’s Procuracy has proposed him a term of 18 to 19 years in prison for wrongdoings in the PetroVietnam's investment of VND800 billion (USD35 million) in the Ocean Commercial Joint Stock Bank. Thang was also asked to return VND 600 billion for the losses he caused to PetroVietnam.
According to the law, party members given jail sentences will face expulsion from the party.
Leave your comment on this story