Appeal court on embezzlement, money laundering at Vinashinlines

Tran Van Liem, former general director of Vinashinlines, was sentenced to death (Photo: VNA)

Hanoi (VNA) – The High-Level People’s Court in Hanoi on August 17 began to hear the appeals of four defendants in a major corruption case at the Vinashin Ocean Shipping Company Ltd (Vinashinlines).

Tran Van Liem (former general director of Vinashinlines), Giang Kim Dat (former acting head of Vinashinlines’ sales department), and Tran Van Khuong (Vinashinlines’ ex-chief accountant), are present at the three-day court, while Giang Van Hien (Dat’s father) asked to be absent due to health reasons.

[Two sentenced to death in Vinashinlines embezzlement]

The Hanoi People’s Court earlier held that there are sufficient grounds to confirm that during the process of purchasing and leasing ships from 2006 to 2008, Liem, Dat and Khuong had abused their position and power and appropriated more than 260 billion VND (11.4 million USD) of Vinashinlines.

Liem stole 3.1 billion VND (138,000 USD), while Dat embezzled around 255 billion VND (11.34 million USD) and Khuong 110,000 USD.

Liem was pinpointed as the ringleader in the case, while Dat was a proactive accomplice and Khuong was an accomplice.

Liem and Dat were sentenced to death for embezzlement, while Khuong was sentenced to life imprisonment also for this charge and Hien was given a 12-year jail term for money laundering.-VNA

VNA