Appeal court on embezzlement, money laundering at Vinashinlines
The High-Level People’s Court in Hanoi on August 17 began to hear the appeals of four defendants in a major corruption case at the Vinashin Ocean Shipping Company Ltd (Vinashinlines).
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Tran Van Liem (former general director of Vinashinlines), Giang Kim Dat (former acting head of Vinashinlines’ sales department), and Tran Van Khuong (Vinashinlines’ ex-chief accountant), are present at the three-day court, while Giang Van Hien (Dat’s father) asked to be absent due to health reasons.
The Hanoi People’s Court earlier held that there are sufficient grounds to confirm that during the process of purchasing and leasing ships from 2006 to 2008, Liem, Dat and Khuong had abused their position and power and appropriated more than VND260 billion (US$11.4 million) of Vinashinlines.
Liem stole VND3.1 billion (US$138,000), while Dat embezzled around VND255 billion (US$11.34 million) and Khuong US$110,000.
Liem was pinpointed as the ringleader in the case, while Dat was a proactive accomplice and Khuong was an accomplice.
Liem and Dat were sentenced to death for embezzlement, while Khuong was sentenced to life imprisonment also for this charge and Hien was given a 12-year jail term for money laundering.
