Four more found guilty in sprawling Vinashin corruption scandal

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.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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