Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • Supply Chain Updates
  • Global News
  • Contact Us
  • Home
  • Supply Chain Updates
  • Global News
  • Contact Us
No Result
View All Result
No Result
View All Result
Home Supply Chain Updates

Vietnam sends ex-ministers, executives, to prison for graft

usscmc by usscmc
December 28, 2019
Vietnam sends ex-ministers, executives, to prison for graft
Share on FacebookShare on Twitter

Vietnamese former Minister of information and communication Nguyen Bac Son, left, valuer Hoang Duy Quang, second left, former Mobifone Chairman Le Nam Tra, second right, former Minister of information and communication Truong Minh Tuan, right, stand as judge reads the verdicts at their trial in Hanoi, Vietnam Saturday, Dec. 28, 2019. Hanoi court on Saturday sentenced Son to life imprisonment in a multi-million dollar corruption case that also saw another minister and a dozen executives receive lengthy prison terms. (Nguyen Van Diep/VNA via AP)

HANOI, Vietnam (AP) — A Vietnamese court on Saturday sentenced an ex-minister to life imprisonment in a multimillion-dollar corruption case that also saw another minister and a dozen executives receive lengthy prison terms, state media reported.

Nguyen Bac Son was accused of taking a bribe of $3 million to orchestrate the 2016 acquisition of a digital television service on behalf of state-owned Mobifone, one of major mobile network operators in Vietnam, when he was minister of information and communication.

Son, a former military officer, ordered the transaction that involved the purchase of 95% of shares of the indebted Audio Visual Global (AVG) company for an equivalent of $383.83 million — a price that had been inflated almost 10 times, national television VTV reported.

Son was sentenced to life for taking bribes plus 16 years on a charge of violating public investment management regulations. His combined punishment is life imprisonment, VTV quoted the presiding as saying after the two-week trial concluded in Hanoi.

Truong Minh Tuan, Son’s former deputy who succeeded him as minister at his retirement, was sentenced to 14 years in prison on the same charge. Tuan was accused of taking $500,000 in bribes to ink the acquisition deal.

Le Nam Tra, the former chairman of Mobifone, and Cao Duy Hai, the company’s former executive director, were handed 23 years and 14 years in prison, respectively, on bribery and mismanagement charges. Tra was accused of taking a $2.5 million bribe while Hai pocketed $500,000.

AVG CEO Pham Nhat Vu was sentenced to three years in prison on a charge of giving bribes.

Nine others, including officials and executives, got between two and six years in prison in the same case.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

usscmc

usscmc

No Result
View All Result

Recent Posts

  • How Hapag Lloyd captured a major market share in the Container Shipping Industry in USA
  • Why USA’s East Coast is the Favorite Destination for Manufacturing Companies
  • How Trade Relations Between the USA and UK Improved After Keir Starmer Became Prime Minister
  • Tips and Tricks for Procurement Managers to Handle Their Supplier Woes
  • The Crazy Supply Chain of Walmart Spanning Across the Globe

Recent Comments

  • Top 5 Supply Chain Certifications that are in high demand | Top 5 Certifications on Top 5 Globally Recognized Supply Chain Certifications
  • 3 Best Procurement Certifications that are most valuable | Procurement Newz on Top 5 Globally Recognized Supply Chain Certifications

Archives

  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • September 2019

Categories

  • Global News
  • Supply Chain Updates

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
  • Antispam
  • Contact Us
  • Disclaimer
  • Home
  • Privacy Policy
  • Terms of Use

© 2025 www.usscmc.com

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Supply Chain Updates
  • Global News
  • Contact Us

© 2025 www.usscmc.com