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Thursday, June 20, 2024

Thuan An Group chairman, others put in police custody

The Saigon Times

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HCMC – Nguyen Duy Hung, chairman of Thuan An Group Joint Stock Company, which is active in infrastructure, energy real estate business projects, has been detained on alleged charges of violating bidding rules and giving bribes.

Lieutenant General To An Xo said on April 15 that the Investigation Police Agency of the Ministry of Public Security arrested Hung following an investigation of signs of violations of bidding regulations and bribery at Thuan An Group and other organizations.

Other senior executives of Thuan An Group including Tran Quang Anh, general director of Thuan An Group Joint Stock Company, and Nguyen Khac Man, deputy general director of Thuan An, were also arrested on the same charges.

Police also detained Hoang The Du, Nguyen Van Thao, and Dam Van Cuong as officials of the Management Board of Traffic Project Construction Investment in Bac Giang Province for alleged charges of violating bidding regulations and taking bribes.

The residences and workplaces of these individuals were also searched by police to look for evidence.

Lieutenant General Xo said police were expanding the investigation of the case.

Thuan An is a major conglomerate specializing in investment and development of infrastructure projects, trading of electricity and renewable energy, and real estate business and investment. The company is currently involved in various construction contracts in multiple provinces and cities in the country.

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