Temporary detention order issued for Trinh Xuan Thanh

The Investigation Police Agency under the Ministry of Public Security yesterday said that it issued a temporary detention order for Trinh Xuan Thanh, former Chairman of the PetroVietnam Construction Corporation (PVC).

Trinh Xuan Thanh

Trinh Xuan Thanh

Issuing the warrant aims to serve investigations into the charge of “deliberately violating State regulations on economic management causing severe consequences,” the agency said.
Thanh, 51, fled Vietnam after he was found to have violated State regulations on economic management resulting in losses of nearly VND3.3 trillion (US$142 million) for PVC during his leadership. On July 31, Thanh gave himself up to the Investigation Security Agency after nearly a year of evading arrest.
Also yesterday, Hanoi City’s People’s Court said the trial of Ha Van Tham, former chairman of Oceanbank, and accomplices will reopen on August 28.
A total of 51 defendants were charged by the Supreme People’s Procuracy for “embezzlement of property” , “violations of regulations on lending in the operation of credit organisations”, “abuse of positions and powers to appropriate assets” and “intentionally infringing State regulations on economic management causing serious consequences”, Vietnam News Agency reported.
The trial is expected to last for 20 days.


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