Dinh La Thang, ex-PetroVietnam Chairman (Photo: VNA)Hanoi (VNA) – The Ministry of Public Security’sSecurity Investigation Agency has proposed prosecuting Dinh La Thang, former Chairmanof the Board of Directors of the Vietnam Oil and Gas Group (PetroVietnam) andnine accomplices on charges of violating regulations on construction works,causing serious consequences at the Petrochemical and Bio-Fuel JSC (PVB) - a subsidiary of this group.
According to the investigation result, Thang signed adecision approving an ethanol factory project in the northern province of PhuTho. A year later, PetroVietnam estasblished a steering committee led by Thangto launch bio-fuel projects.
PVB later invited bidding for a package TK05 named “Design,procurement, supply of equipment and construction of ethanol factory in thenorth”.
Though six contractors were unqualified, Thang and hissubordinates signed many documents directing joint venture PVC/AlftaLaval/Delta-T to join the project.
During the implementation, the project was forced to suspendin March 2013 due to the joint-venture’s poor capability, resulting in a State budget loss of over 540 billion VND (23.4 million USD).
PVB’s former General Director Vu Thanh Ha and former deputyhead of the project's investment office Nguyen Xuan Thuy were also found to commit violationsin the case.
In 2018, Thang was given a total of 30 years in prison for his involvement in two other cases at PetroVietnam./.
According to the investigation result, Thang signed adecision approving an ethanol factory project in the northern province of PhuTho. A year later, PetroVietnam estasblished a steering committee led by Thangto launch bio-fuel projects.
PVB later invited bidding for a package TK05 named “Design,procurement, supply of equipment and construction of ethanol factory in thenorth”.
Though six contractors were unqualified, Thang and hissubordinates signed many documents directing joint venture PVC/AlftaLaval/Delta-T to join the project.
During the implementation, the project was forced to suspendin March 2013 due to the joint-venture’s poor capability, resulting in a State budget loss of over 540 billion VND (23.4 million USD).
PVB’s former General Director Vu Thanh Ha and former deputyhead of the project's investment office Nguyen Xuan Thuy were also found to commit violationsin the case.
In 2018, Thang was given a total of 30 years in prison for his involvement in two other cases at PetroVietnam./.
VNA
