Two more to be tried in PVC embezzlement case

April 03, 2017 - 09:00

The Investigative Police Agency of the Ministry of Public Security will prosecute two additional suspects related to the embezzlement case against former PetroVietnam Construction (PVC) chairman, Trịnh Xuân Thanh.

An international arrest warrant for former PetroVietnam Construction (PVC) chairman, Trịnh Xuân Thanh was issued last September after he fled the country. — Photo thethaovanhoa.vn

Viet Nam News

HÀ NỘI — The Investigative Police Agency of the Ministry of Public Security will prosecute two additional suspects related to the embezzlement case against former PetroVietnam Construction (PVC) chairman, Trịnh Xuân Thanh.

In a report sent to the Government e-portal on Friday, the agency reported that it would detain and prosecute the former chairman of the management board, cum general director of PVC’s Kinh Bắc Investment and Installation Company, Đỗ Văn Hồng, and former deputy general director of PetroVietnam Construction Joint-Stock Corporation, Nguyễn Mạnh Tiến.

The report noted that the agency is expanding its criminal investigation against Thanh and Vũ Đức Thuận, former PVC general director, on suspicion of embezzlement and for alleged violations of State regulations on economic management that caused about VNĐ3.3 trillion (US$142 million) in losses for PVC.

Hồng and Tiến are charged with being accomplices in the intentional violation of State regulations on economic management that resulted in serious consequences.

An international arrest warrant for Thanh was issued last September after he fled the country. — VNS

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