MPS issues international wanted notice for Trinh Xuan Thanh

Chủ Nhật, 18/09/2016, 09:33
The Ministry of Public Security (MPS) said in a statement on late September 16th that they have issued an international wanted notice for Trinh Xuan Thanh, former Chairman of the Board of Management of PetroVietnam Construction JSC (PVC).
International wanted notice for Trinh Xuan Thanh
Mr Thanh was charged with letting the company incur losses of around VND3.2 trillion (USD147 million) under his leaderships between 2011 and 2013.

On September 16th, the police also arrested Vu Duc Thuan, PVC’s former General Director, his two Deputies and a chief accountant. All these officials are being probed for “violating economic management regulations causing serious consequences”,

Thanh sought overseas sick leave in mid-August and has never returned since, the police said. He was expelled from the Communist Party last week, a move that would pave the way for him to face any criminal charges.

Mr Trinh Xuan Thanh was born in 1966

Government inspectors found that Thanh and his team starting in 2009 had launched many offshoot companies and partnered with many companies, but few of the ventured proved effective. Most of their business projects during the period ended up being delayed or even cancelled.

PVC was assigned as the main contractor for major PetroVietnam projects, but then either assigned the contracts to member units or transferred them to private companies. This showed “a lack of responsibility and loose management,” according to the inspectors.

Despite his track record, Thanh continued to be kicked upstairs, holding various Government positions before taking his latest post as Vice Head of the People’s Committee of Mekong Delta province of Hau Giang.

On May 22nd, Trinh Xuan Thanh was elected as a National Assembly deputy of Hau Giang province.

In early June, he was found to be using a Government blue license plate for his luxury VND5.7 billion Lexus LX570 car. The matter caused public uproar over the waste of public money, prompting Party Chief Nguyen Phu Trong to order a probe into his promotion process.


CPV