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Vinashin’s former General Director detained

The Ministry of Public Security announced on December 10 that its Investigation Police Agency has started legal proceedings against the temporarily detained former General Director Truong Van Tuyen and Deputy General Director Pham Thanh Son of the Vietnam Shipbuilding Industry Corporation (Vinashin).
Vinashin’s former General Director detained ảnh 1Former General Director Truong Van Tuyen (L) and Deputy General Director Pham Thanh Son of the Vietnam Shipbuilding Industry Corporation (Vinashin) (Source: vnexpress.net)

Hanoi (VNA) – The Ministry of Public Security announced onDecember 10 that its Investigation Police Agency has started legal proceedingsagainst the temporarily detained former General Director Truong Van Tuyen and DeputyGeneral Director Pham Thanh Son of the Vietnam Shipbuilding IndustryCorporation (Vinashin).

They are being investigated for “abusingposition and power to appropriate assets”.

Specifically, following the directions ofthe Central Steering Committee on Corruption Prevention and Control, as well asthe Ministry of Public Security, the Investigation Police Agency is conductingan expanded investigation into a wider case of “abusing position and power toappropriate assets” occurring at Vinashin.

The investigation process revealed thatTuyen and Son had abused their positions and power to illegally sign theapproval of making term deposits of Vinashin (now named SBIC) into Ocean Bank.They are allegedly the accomplices of Tran Duc Chinh, chief accountant ofVinashin, in embezzling 105 billion VND (4.5 million USD) from the bank, asidefrom the interests from the deposits.

The Investigation Police Agency on December6 decided to begin investigations and issue an order to put the two men intemporary detention and search their houses, as regulated by Article 355 of the2015 Penal Code. The decisions and orders were then also ratified by theSupreme People’s Procuracy of Vietnam.

The police are investigating the case furtherand retrieving lost properties.–VNA 
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