A court in Hanoi yesterday sentenced Vinashin’s former chairman Nguyen Ngoc Su to 13 years in prison for “abuse of power or position to appropriate property” in the latest chapter in a sprawling corruption case that has rattled Vietnam’s top shipbuilding group.
The state-owned giant’s former general director Truong Van Tuyen, former deputy general director Pham Thanh Son and former chief accountant Tran Duc Chinh received 7-year, 6-year and 17-year sentences respectively on the same charges.
The defendants have returned the money they admitted to appropriating from local OceanBank in a four-year period through to 2014. Each jailed man managed to pilfer hundreds of thousands of dollars in elaborate corruption schemes.
