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Seven PV Coating leaders prosecuted for corruption

Update: August, 13/2018 - 07:00
Trần Đức Minh, former director of PV Coating. file photo
Viet Nam News

HÀ NỘI – The Supreme People’s Procuracy has prosecuted seven former leaders of PetroVietnam Coating Joint Stock Company (PV Coating) for alleged embezzlement and violation of State regulations on economic management causing serious consequences.

The People’s Court of Bà Rịa-Vũng Tàu Province has received the cases’ indictment from the Supreme People’s Procuracy.

On August 1, Trần Đức Minh, former director of PV Coating; Phạm Ngọc Minh, former deputy director; Bùi Nhật Vinh, former head of Technical Economics Department; Nguyễn Thị Hà Nhung, former chief accountant also head of Finance and Accounting Department, were prosecuted for embezzlement of State property.

Defendants Nguyễn Phước Toàn, former deputy director of PV Coating’s Pipe Plant; Nguyễn Công Chương, former deputy head of finance and accounting office, and Kim Văn Anh, former director of PV Coating’s Pipe Plant, were prosecuted for  intentionally violating the State’s regulations on economic management, causing serious consequences.

PV Coating was set up in 2007 with headquarters in Bà Rịa-Vũng Tàu Province under PetroVietnam.

Trần Đức Minh was PV Coating’s director from June 2013 to October 2016. He was accused of embezzlement of VNĐ48.3 billion (US$2 million) in the implementation of the Nam Côn Sơn 2 gas pipeline project.-- VNS

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