|Nguyễn Ngọc Sự, former chairman of the members’ council of the Việt Nam Shipbuilding Industry Corporation. – Source C46
Viet Nam News
HÀ NỘI — The police on Thursday launched criminal proceedings against Nguyễn Ngọc Sự, former chairman of the members’ council of the Việt Nam Shipbuilding Industry Corporation (Vinashin).
Sự is accused of “abusing his position and power while on duty” and is under temporary detention. A search warrant was issued by the Investigation Police Bureau for Economic Management Order Offences (C46) on the same day.
During the second phase’s investigation into the embezzlement case related to Hà Văn Thắm, former chairman of the Board of Directors of Ocean Bbank, and his accomplices, Sự was accused of abusing his position and power while using the budget of Vinashin sent to OceanBank.
This action created a condition for Vinashin’s officials to receive and misappropriate more than VNĐ105 billion (US$4.5 million) worth of interest rates outside of the deposit.
The police are further investigating the case and retrieving lost properties.
Sự was appointed to be the chairman of the members’ council at Vinashin in 2012. He resigned in August last year
The Vinashin embezzlement case is one of the major corruption and economic rule-violating cases that was ordered to be brought to trial as soon as possible by the Central Steering Committee for Anti-Corruption.
Last September, Hà Văn Thắm was sentenced to life in prison for embezzling property. — VNS