Legal proceedings launched against Petro Song Da Director Dinh Manh Thang

VNA 10/12/2017 18:57

The Investigation Police Department under the Ministry of Public Security has decided to start legal proceedings against Dinh Manh Thang, Director of the Petro Song Da Trading and Investment JSC for his alleged links to serious violations in PVC.

Dinh Manh Thang addresses an event of the Petro Song Da Trading and Investment JSC (Source: tuoitre.vn)

The information was verified by a senior official of the Ministry of Public Security on December 9.

Thang, born in 1962, has been detained to serve investigations into his alleged links to a case of deliberately violating State regulations on economic management, causing serious consequences in the PetroVietnam Construction Joint Stock Corporation (PVC).

Currently, investigators are expanding their probe into two economic violation cases, one of which is the deliberate violation of State regulations on economic management causing serious consequence at the PVC and the Thai Binh 2 thermal power project.

The other case is the deliberate violation of State regulations on economic management causing serious consequence and abuse of position and power to appropriate property, resulting in loss of VND800 billion in PetroVietnam (PVN)’s investment in Oceanbank.

VNA