Like Our Facebook Fan Page

Vietnam energy executives stand trial on corruption charges






Senior executives from Vietnam's state oil company are standing trial in Hanoi in a crackdown on corruption in the country's energy and banking sectors. The 22 defendants include the exhead of PetroVietnam Construction, Trinh Xuan Thanh, and a senior Communist Party official. Germany says Mr Thanh was abducted from a park in Berlin last July, but Hanoi insists he returned home voluntarily.

He is accused of corruption and could face the death penalty if found guilty. The German government described Mr Thanh's suspected abduction by Vietnamese spies as a "scandalous violation" of its sovereignty. Foreign Minister Sigmar Gabriel said it evoked "thriller movies about the Cold War".

Also on trial is Dinh La Thang, a former Politburo member and one of the most senior Communist Party officials to go on trial in decades. He is accused of economic mismanagement and faces up to 20 years in jail. Some of the former executives, who are alleged to have caused massive losses at PetroVietnam, could face the death penalty if convicted of the most serious offences.

Post a Comment

0 Comments