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4 Vietnam's oil and gas officials prosecuted

Xinhua, September 16, 2016 Adjust font size:

Four officials of Vietnam's National Oil and Gas Group (PetroVietnam) Construction Joint Stock Corporation (PVC) were prosecuted, said the Ministry of Public Security (MPS) on Friday.

According to a statement issued by the ministry, the MPS's police investigation agency is investigating and verifying violations that cause economic loss of nearly 3.3 trillion Vietnamese dong (some 148 million U.S. dollars) in PVC.

A case on deliberately acting against state regulations on economic management causing serious consequences and four PVC officials were prosecuted.

These officials who also faced detention and search warrants included former PVC general director Vu Duc Thuan, deputy general director Nguyen Manh Tien, former deputy general director Truong Quoc Dung and former chief accountant Pham Tien Dat.

Currently, the case is under expanded investigation, said the ministry.

In a related move, PVC former general director Trinh Xuan Thanh during 2007-2013 period was dismissed from the post of the national assembly deputy in July and expelled from the party membership on Thursday.

In early June, local media reported a private Lexus car worth over 5 billion Vietnamese dong (224,215 U.S. dollars), which was used by Thanh with a public service number plate.

Local media reports focused on three issues. Firstly, the car that picks Thanh up is a private car but holds public service number plate. Secondly, there has been a serious loss in PVC where Thanh worked as leader in 2007 and 2013. Thirdly, despite such loss, Thanh was appointed to become vice chairman of Vietnam's southern Hau Giang people's committee. Endit