Former Vinashin senior officials face criminal charges

Vietnam’s Ministry of Public Security has proposed criminal charges against three former officials of Vinashin Ocean Shipping, an affiliate company of Vinashin, and another man for misappropriating nearly $16m from 2006 to 2008.

Tran Van Liem, former ceo of Vinashin Ocean Shipping, Giang Kim Dat, former sales manager and Tran Van Khuong, former chief accountant, face embezzlement charges, and Dat’s father, Giang Van Hien, faces charges of money laundering.

According to the ministry, the money which was embezzled from 16 transactions related to vessel purchasing and leasing deals, were used to purchase luxury houses and cars.

Dat returned about VND249bn ($11.23m) after he was arrested in July 2015.

In 2012, eight Vinashin former officials were arrested and sentenced to jail for causing over VND910bn ($41m) losses under their administration.


Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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