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Update news business scandals in vietnam
The Ministry of Public Security is urging victims who bought bonds from Van Thinh Phat Group and three affiliated companies to provide information and documents to aid the ongoing investigation into a massive fraud scheme.
The High People's Court in Hanoi will hear the appeals of former Minister of Health Nguyen Thanh Long and 10 other defendants in the COVID-19 test kit fraud that occurred at Viet A Technologies JSC.
A number of officials have been arrested and charged for involvement in the case of Thuan An Group, which won a bid worth VND18 trillion within only two years.
Prosecutor General of the Supreme People's Procuracy Le Minh Tri has reported to the National Assembly on the work of the procuracy sector from October 1, 2023 to March 31, 2024.
Several businesses linked to Van Thinh Phat Group are grappling with a huge debt burden amounting to VND52.4 trillion, the Ministry of Finance said.
The investigation into the case at Phuc Son Group JSC will be expanded, Spokesman of the Ministry of Public Security Lt. Gen. To An Xo affirmed on April 3.
Police are seeking individuals who were victims of a bond fraud case involving property developer Van Thinh Phat, which involves the illegal issuance and trading of bonds worth over VND30 trillion (US$1.24 billion).
Le Thanh Than, chairman of Muong Thanh Group is set to stand trial on August 10 for “deceiving customers”, according to a decision issued by Hanoi People’s Court.
The Traffic Police Department under the Ministry of Public Security yesterday hold a conference related to motor vehicle inspection activities following the proposal of the Ministry of Transport.