Monday,  Jul 23, 2018,20:30 (GMT+7) 0 0
Trinh Xuan Thanh turns himself in
The Saigon Times Daily
Tuesday,  Aug 1, 2017,23:25 (GMT+7)

Trinh Xuan Thanh turns himself in

The Saigon Times Daily

A post on the Ministry of Public Security’s website informs the public of Trinh Xuan Thanh’s turning himself in to the police - PHOTO: MINISTRY OF PUBLIC SECURITY

HANOI – Trinh Xuan Thanh, former general director of PetroVietnam Construction Corporation (PVC), on July 31 turned himself in to the investigative police agency under the Ministry of Public Security after a year of hiding overseas.

The Ministry of Public Security announced Thanh, who also served as vice chairman of Hau Giang Province and held other senior positions at the Ministry of Industry and Trade, surrendered to the police, but did not elaborate on how he had returned to the country.

Thanh had faced an international arrest warrant since the ministry issued it on September 16, 2016.

On September 15 last year, the ministry prosecuted Thanh for allegedly violating the State’s economic regulations causing serious consequences at PVC and its subsidiaries. Then, Thanh allegedly fled the country in mid-August last year.

In his positions as deputy secretary of the party committee and general director of PVC and later as secretary of the corporation’ Party committee and chairman of the board of directors from 2011 to 2013, Thanh allegedly showed irresponsibility and negligence in the leadership and management of the corporation’s operations. He was also accused of violating regulations on business administration, resulting in losses of nearly VND3.3 trillion (US$145.46 million) to the State-owned corporation.

Thanh and his accomplices were also accused of causing heavy losses for PVC in Dinh Vu fiber and Phu Tho ethanol projects.

Thanh was removed from the position of secretary of the Party committee and chairman of the board of PCV. This meant he was not eligible for promotion or transfer, but he was still later appointed to important posts at the Ministry of Industry and Trade and Hau Giang Province.

While serving as the vice chairman of the People’s Committee of Hau Giang Province, Thanh used an official number plate for his private Lexus car, which is also a violation of the law.

He was expelled from the Communist Party in September last year.

In a related development, the Central Inspection Commission on July 31 proposed dismissing Ho Thi Kim Thoa, Deputy Minister of Industry and Trade, from all her duties.

She became the chairwoman of the board and general director of Dien Quang Lamp JSC and was in charge of the company from January 2004 to May 2010 prior to her appointment to the post of deputy minister.

Prior to her appointment, Thoa owned about 858,000 shares at the company. That number surged to nearly 1.16 million after her appointment the next year.

By February, Thoa and her family members held a combined stake of 37% in the company’s chartered capital, equivalent to VND700 billion.

Thoa is alleged to have violated procedures in the implementation of equitization at Dien Quang Lamp JSC.

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