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Two more former officials of Binh Son refining company prosecuted

The Investigation Police Agency under the Ministry of Public Security has prosecuted and put in temporary detention two former leaders of Binh Son Refining and Petrochemical Co., Ltd (BSR) on the charge of “abusing position and power to appropriate assets”.
Two more former officials of Binh Son refining company prosecuted ảnh 1Nguyen Hoai Giang (L), former Chairman of the Member Council, and Pham Xuan Quang, former chief accountant, of the BSR (Source: tuoitre.vn) 

Hanoi (VNA)
–The Investigation Police Agency under the Ministry of Public Security hasprosecuted and put in temporary detention two former leaders of Binh Son Refiningand Petrochemical Co., Ltd (BSR) on the charge of “abusing position and powerto appropriate assets”.

The arrestees are Nguyen Hoai Giang, formerChairman of the Member Council, and Pham Xuan Quang, former chief accountant,of the Binh Son Refining and Petrochemical Co., Ltd.

The Investigation Police Agency said on May 10that it is investigating the case of “abusing position and power to appropriateassets” at the Binh Son Refining and Petrochemical Co., Ltd. and the OceanCommercial Joint Stock Bank (OceanBank) pursuant to prosecution decision No.55/C46-P11 dated September 13,2017.

The case is directly monitored by the CentralSteering Committee for Anti-Corruption.

Basing on the investigation outcomes, theInvestigation Police Agency issued decisions on the prosecution and arrest ofNguyen Hoai Giang and Pham Xuan Quang for “abusing position and power toappropriate assets” in accordance with Article 355 of the 2015 Penal Code.

On April 27, Vu Manh Tung, former DeputyDirector General of the Binh Son Refining and Petrochemical Co., Ltd., was alsoprosecuted and taken into temporary detention for the same charge.

Police are expanding the probe to shed light onacts of these arrestees and relevant persons and recover State assets.-VNA
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