Trinh Xuan Thanh, former Chairman of the PetroVietnam Construction joint Stock Corporation (PVC), denied committing asset misappropriation at the Thai Binh 2 thermal power project during the third day of the trial in Hanoi on January 10.

Trinh Xuan Thanh (L) and Nguyen Anh Minh (R) (Source: VNA)

Thanh said he had not directed Nguyen Anh Minh, former PCV Deputy General Director to establish a fund for internal and external affairs and completely had not known about it. 

Contrary to Thanh’s statement, Nguyen Anh Minh said the sum of 5 billion VND (200,000 USD) given to Thanh to spend on Lunar New Year 2012 gifts was a piece of evidence to prove that Thanh directed establishing the fund. 

According to the verdict, under the direction of Trinh Xuan Thanh and former PVC General Director Vu Duc Thuan, Minh made a phone call to Luong Van Hoa, former Director of the PVC’s Vung Ang - Quang Trach Project Management Board on January 6, 2012, requesting preparing 5 billion VND for Thanh’s personal use during the 2012 Lunar New Year holiday. 

On January 12, 2012, Hoa asked Nguyen Duc Hung, former head of the board’s Finance-Accounting Office to transfer over 6.5 billion VND to an account of Quynh Hoa One-Member Co. Ltd as payment for a falsified contract on auxiliary works of the Quang Trach 1 thermal power plant. 

After receiving the sum, then chief account Nguyen Thanh Quynh and then Director Le Thi Hanh Hoa, of the Quynh Hoa company, kept more than 977 million VND, or 15 percent of the total as previously agreed, and transferred the remaining upwards 5.5 billion VND to Hoa’s personal account. 

As directed by Minh on the morning of January 13, 2012, Hoa withdrew 5 billion VND and gave to Nguyen Van Ke, driver of Nguyen Anh Minh. Ke later kept 1 billion VND for Nguyen Anh Minh and delivered the remaining 4 billion VND to Nguyen Dang Toan, driver of Trinh Xuan Thanh for personal use during the Lunar New Year holiday. 

However, Thanh refuted the accusation, saying that at around 13:00 Toan drove him home in Ciputra from the PVC headquarters and to international Noi Bai airport for a flight to Ho Chi Minh City at 16:00 on January 13 so that he did not have enough time to receive and leave the sum at home. 

During the questioning session, Dinh La Thang, former Chairman of the Member Council of PetroVietnam, said after deciding that PVPower would be investor of the Thai Binh 2 thermal power plant, PetroVietnam’s Member Council directed the Board of Directors to conduct the project in line with law. 

Former PetroVietnam General Director Phung Dinh Thuc assigned tasks to the Deputy General Directors, and the council was only responsible for policy and guidelines. 

Thang said PVPower’s reports then showed that EPC contract No.33 was eligible and it could be signed. It was not until investigation that he learnt that the contract lacked legal conditions. 

According to a PVPower representative, the signing of EPC contract was meant to launch the construction. 

Regarding PetroVietnam’s advance payment to PVC for Thai Binh 2 thermal power plant, Thang said it was not responsibility of the PetroVietnam’s Member Council and its head but the Board of Directors.

The questioning session will continue on January 12.


                                  Source: VNA

Related Topics

Lac Thuy District Military Command organized the 2018 Excellent Political Teaching Competition.

(HBO) - Lac Thuy District Military Command organized a competition of excellent political teachers in 2018.

Social housing credit package of VND1 trillion to be launched in 2018

A preferential loan package of VND1 trillion (US$44 million) in support of affordable home purchases will be carried out in 2018, with a projected interest rate of 4.8% per year, pursuant to the Government Decision No.370.

Tong Dau commune promotes the effectiveness of policy capital

(HBO) – Over the past years, Tong Dau commune (Mai Chau) has been interested in implementing the hunger elimination and poverty reduction. Particularly, thanks to preferential loans of Social Policy Banks, the local people have used the capital for the right purposes with many effective economic models, contributing to increasing the income and improving the people's living conditions. By the end of 2017, the poverty household rate of the commune was 7.3%; the rate of near poor households was 7.8%; the average income per capita reached at 25 million VND.

Appeal trial held for former General Director of Housing Group

The High-Level People’s Court in Hanoi on April 10 began to hear the appeals of Chau Thi Thu Nga, former Chairwoman and General Director of the Land and Housing Construction and Investment JSC (Housing Group), and her accomplices in the case of "swindling to appropriate assets” at the B5 Cau Dien housing project.

A female doctor closely connected to the upland area

(HBO) - With the thought of implementing Uncle Ho’s teaching "Doctors as gentle mothers", over the past 10 years, Dr. Bui Thi Chung, a staff of Dong Nghe Commune Health Center, Da Bac District always clings to the village to protect the village and protect the public health.

A good example of Zone Head

(HBO) - Over 17 years working closely related with the head duty of Zone 7, Cao Phong Town (Cao Phong), Mr. Do Van Quy is always enthusiastic and active with his zone activities; live all the way to the neighbors. He was awarded the certificate of merit by the Chairman of the provincial People's Committee for having excellent achievements in the campaign of "All people unite to build cultural life in the residential area".