Two former Vinalines bosses face death sentence

The Hanoi People’s Court on December 16 sentenced to death two former executives of the Vietnam National Shipping Lines (Vinalines) who went on trial on December 12.
The Hanoi People’s Court on December 16 sentenced to death two formerexecutives of the Vietnam National Shipping Lines (Vinalines) who wenton trial on December 12.

Former Chairman Duong Chi Dung andformer General Director Mai Van Phuc were given the highest penaltyfor embezzlement, and an 18-year prison sentence for intentionallyviolating State regulations on economic management causing severeconsequences.

Tran Huu Chieu, former Vice General Director ofVinalines, was sentenced to 19 years behind bars, while Tran Hai Son,Director of Vinalines Ship Repair Co. Ltd, got 22 years in jail, on thesame charges.

The Court also gave sentences of four years inprison to Bui Thi Bich Loan, Vinalines’ former chief accountant; andseven years to Mai Van Khang, a member of the Vinalines projectmanagement board, and Le Van Duong, a former official at VietnamRegistry.

Huynh Huu Duc, Le Ngoc Trien and Le Van Lung, formerofficials at Van Phong Customs Office, Khanh Hoa province, will spendeight years behind bars.

The six were charged with intentionally violating State regulations on economic management causing severe consequences.

Inaddition, Dung and Phuc were asked to pay back 10 billion VND ( 470,000USD ) they had embezzled and have to pay 100 billion VND (4.7 millionUSD) Vinalines for damages they had made.

Chieu has to pay over39 billion VND (1.83 million USD); Son, over 46 billion VND (2.16million USD); Khang, 12 billion VND (564,000 USD); Loan, 6 billion VND(282,000 USD); Duong, over 15 billion VND (705,000 USD); and Duc, Trieuand Lung, 9 billion VND (423,000 USD) each.

Moreover, the Court decided to seize Dung’s three houses in Hanoi and Phuc’s house in Quang Ninh.

Accordingto the indictment issued at the court, during 2007-2008, Dung and hisaccomplices violated regulations on investment, bidding and customsprocedures for import and export through the purchase and repair ofFloating Dock 83M. The malpractice caused losses of 366.9 billion VND(17.2 million USD) to the State budget.

In the deal, Dung and three others, namely Mai Van Phuc, Tran HuuChieu and Tran Hai Son, appropriated 1.666 million USD.

The indictment said while knowing that the floating dock, built in1965, was damaged and had not been in use since 2006, and that the owneroffered a negotiable price of under five million USD, Dung still signedDecision 186/QD-HDQT on February 15, 2008 approving the purchase of thedock at a price tag of nine million USD from an intermediary, theSingapore-based AP company, which bought the dock from its real owner atonly 2.3 million USD.

Dung wasarrested on September 4, 2012 after several months on the run since May17, 2012 when an indictment and arrest warrant were issued forhim.-VNA

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