Former bank head faces life imprisonment Society

Former bank head faces life imprisonment

The Hanoi People’s Court on April 28 sentenced former Chairman of the Board of Directors of the Ocean Commercial Joint Stock Bank (OceanBank) Ha Van Tham to 10 years in prison for “breaching accounting regulations and causing serious consequences”.
More prison time proposed for ex-Chairman of OceanBank Society

More prison time proposed for ex-Chairman of OceanBank

A prison term of 10 to 12 years was proposed on April 28 for Ha Van Tham, former Chairman of the Board of Directors of the Ocean Commercial Joint Stock Bank (OceanBank), for “breaching accounting regulations causing serious consequences”.
Ex-officials of PVOil put into temporary detention Society

Ex-officials of PVOil put into temporary detention

The Ministry of Public Security has officially launched an investigation into the alleged abuse of position and power to appropriate assets at the State-run PetroVietnam Oil Corporation (PVOil) and OceanBank, along with two former PVOil officials.
Trial of ex-leaders of Vietsovpetro begins Society

Trial of ex-leaders of Vietsovpetro begins

The Hanoi People’s Court opened a trial on March 21 for two ex-leaders of the Vietnam-Russia oil and gas joint venture Vietsovpetro on the charge of “abusing position and power to appropriate assets.”
Court upholds sentence against Dinh La Thang in OceanBank case Society

Court upholds sentence against Dinh La Thang in OceanBank case

The High-Level People’s Court in Hanoi on June 26 upheld the charges and sentences against Dinh La Thang and five of his accomplices in the case involving the National Oil and Gas Group (PetroVietnam)’s contribution of 800 billion VND to the Ocean Commercial Joint Stock Bank (OceanBank).
National conference on anti-corruption opens Politics

National conference on anti-corruption opens

The Central Steering Committee on Anti-Corruption held a national conference on corruption prevention in Hanoi on June 25, chaired by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong, who is also head of the committee.