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Ex-officials of PVOil put into temporary detention

The Ministry of Public Security has officially launched an investigation into the alleged abuse of position and power to appropriate assets at the State-run PetroVietnam Oil Corporation (PVOil) and OceanBank, along with two former PVOil officials.
Ex-officials of PVOil put into temporary detention ảnh 1Nguyen Xuan Son (L) and Vu Trong Hai are two former officials of the PetroVietnam Oil Corporation (Photo: VNA)

Hanoi (VNA) – The Ministry of Public Security hasofficially launched an investigation into the alleged abuse of position andpower to appropriate assets at the State-run PetroVietnam Oil Corporation(PVOil) and OceanBank, along with two former PVOil officials.

This is part of the second phase of the probeinto a case involving Ha Van Tham (born in 1972, former Chairman of the OceanJoint Stock Commercial Bank – OceanBank) and his accomplices, who were foundguilty of giving extra interest which was not stated in contracts to businessesdepositing money at the bank, the ministry said on April 8.

The two PVOil officials taken into custody areNguyen Xuan Son (born in 1959, former General Director of PVOil) and Vu TrongHai (born in 1968, former chief accountant of the firm).

The investigation is underway, and police arealso working to recover the lost assets for the State./.
VNA
#Ministry of Public Security#PetroVietnam Oil Corporation#PVOi#OceanBank#Ha Van Tham#abuse of position and power to appropriate assets#updated Vietnam news#Vietnamplus#Vietnam News Agency
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