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Violations in State Steel Corporation uncovered

Mai Van Tinh, former Chairman of the Board of Directors of the Vietnam Steel Corporation (VNSTEEl) and Dau Van Hung, former General Director of VNSTEEL were detained by for investigations into their alleged legal violations in the second phase of the production expansion project of Thai Nguyen Steel and Iron Corporation (Tisco).
Violations in State Steel Corporation uncovered ảnh 1(Source: tisco.com.vn)

Hanoi(VNA) – Mai Van Tinh, formerChairman of the Board of Directors of the Vietnam Steel Corporation (VNSTEEl)and Dau Van Hung, former General Director of VNSTEEL were detained by for investigations into their alleged legal violations in the secondphase of the production expansion project of Thai Nguyen Steel andIron Corporation (Tisco).

Tran Trong Mung, former Tisco General Director; Tran Van Kham, former Chairmanof the Board of Director and General Director of Tisco; and Ngo Sy Han, formerDeputy General Director of Tisco and head of the Management Board of Tisco’s production expansion project in the second phase were also detained inservice of the investigation.

The Investigation Police Department under the Ministry ofPublic Security said on April 20 that it is working on four cases showing signsof law violations in the second phase of the production expansion project ofTisco.

On April 18, the departmentissued decisions to start legal proceedings on a criminal case of “offencesagainst regulations of law on investment in construction that lead to seriousconsequences,” and a case of “offences against regulations of law on managementand use of State-owned property that lead to losses or wastefulness,” whichhappened during the implementation of the project.

On April 19, the Supreme People’s Procuracy approved the detainment of the fivepeople.

Accordingly, Tinhand Hung were charged of “offencesagainst regulations of law on investment in construction that lead to seriousconsequences” as stated in Article 224 of the 2015 Penal Code.

Meanwhile, Mung, Kham and Hanwere accused of both “offences against regulations of law on investment inconstruction that lead to serious consequences” and “offences againstregulations of law on management and use of State-owned property that lead tolosses or wastefulness” as stated in Article 219 of the 2015 Penal Code.

The cases are under furtherinvestigation, according to the department.-VNA
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