Vietnam Probing 14 for Thai Nguyen Iron & Steel Expansion Projectx
Thai Nguyen Iron SteelVietnam Plus

Vietnam Probing 14 for Thai Nguyen Iron & Steel Expansion Projectx

VNA reported that Vietnam’s Ministry of Public Security has taken legal action against 14 persons involved in legal violations in Phase 2 of the production

VNA reported that Vietnam’s Ministry of Public Security has taken legal action against 14 persons involved in legal violations in Phase 2 of the production expansion project at the Thai Nguyen Iron and Steel Joint Stock Corporation. The move had been made during a probe into violations of construction investment regulations that caused serious consequences and infringements of rules on state asset management and use that caused losses and wastefulness in Phase 2 of the company’s production expansion project. The Ministry of Public Security is working to soon finalise the investigation in line with regulations of the Central Steering Committee for Anti-Corruption.

Those under investigation consist of former Standing Deputy Director of the project management board at TISCO Mr Dang Van Tap, former Deputy Director and project secretary Mr Dong Quang Duong, former Chief Accountant at TISCO Mr Do Xuan Hoa, former deputy heads of the statistical accounting and finance division at TISCO Le Thi Tuyet Lan and Uong Sy Binh, former member of the control board at the Vietnam Steel Corporation (Nguyen Van Trang, and former member of the Board of Directors and head of the control board at VNS Dang Thuc Khang. They were charged with violating regulations on the management and use of State assets that caused losses and wastefulness under Article 219 of the 2015 Penal Code.

Besides, police also took legal action against five others for lacking responsibility that caused serious consequences under Article 360 of the 2015 Penal Code: Le Phu Hung and Nguyen Minh Xuan former members of the VNS Board of Directors, along with Nguyen Chi Dung, Hoang Ngoc Diep, and Doan Thu Trang former members of the TISCO Board of Directors.

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