insideaseaninsideasean about usabout us contact uscontact us site map
Asean & Global Updates
POSTED | 15:19 PM | 08-01-2018

‘Kidnapped’ oil exec on trial

The corruption trial of a Vietnamese former oil executive who was allegedly kidnapped from Germany opened on Monday (Jan 8, 2018) in Hanoi, a high-profile case that can carry the death sentence, AFP reported.

Vietnam’s communist government has embarked on a snowballing anti-corruption campaign, which observers say is politically driven and mirrors a graft crackdown in neighbouring China.

Scores of former officials, bankers and state executives have been arrested or jailed, including a senior banker who has been sentenced to death.

On Monday a court in Hanoi said it had started proceedings against Trinh Xuan Thanh, the former head of state-run PetroVietnam Construction, for alleged mismanagement and embezzlement.

Thanh appeared before the court together with ex-politburo member Dinh La Thang and 20 other senior officials.

They are accused of causing $5.2 million of losses for the state during an investment by PetroVietnam in the construction of a thermal power plant.

German authorities say Thanh was kidnapped from a Berlin park in July and have decried the brazen Cold War-style seizure as a “scandalous violation” of its sovereignty.

Vietnam denies the kidnap and insists the fugitive Thanh had returned home voluntarily to face the charges.

“This is a very serious case, drawing wide public attention,” said an online announcement by Hanoi’s People’s Court, adding the accused all held key positions at major state-owned institutions.

After a two-week trial, Thang and Thanh could face 20 years in jail for mismanagement.

In addition Thanh faces an embezzlement charge, which can carry the death penalty.

 

In This Section
MOST READ
most read
Korean fever strikes Bhutan
Through the Thai royal lenses
Beauty is not skin deep
10 Bollywood celebrities and their crazy obsessions
TRAVEL & LEISURE
China now the biggest source of foreign tourists to Boston
China now the biggest source of foreign tourists to Boston
A record number of Chinese tourists visited Boston last year, dethroning the United Kingdom as the No.1 source of overseas tourists.
 TRAVEL & LEISURE more