Hau, who is also Chairman of the Thang Long investment, trade and real estate JSC, testified that he founded Phuc Son Group in 2004 and acquired Thang Long company in 2017.

Following the acquisition, Hau took direct control of the company’s operations. His companies were involved in four projects and four bidding packages in Vinh Phuc, four in Phu Tho, and two in Quang Ngai.

He acknowledged that the indictment from the Supreme People's Procuracy, which charged him with three offences - violating accounting regulations causing serious consequences, violating bidding regulations causing serious consequences, and giving bribes – is accurate, fair, and correct.

Expressing genuine remorse and a sense of responsibility, Hau reaffirmed his commitment to using all his assets to make restitution. During the investigation and prosecution phases, authorities had seized over VND108 billion, 534 taels of SJC gold, and US$1.11 million from the defendants.

They had also confiscated 1,440 properties and frozen 43 bank accounts and savings books linked to Hau and other defendants. Additionally, the defendants, their families, and related parties voluntarily paid approximately VND120 billion and US$900,000 to compensate for the damage caused.

The procuracy determined that through personal relationships or professional dealings, Hau gave a total of over VND130 billion to local leaders in Vinh Phuc and Quang Ngai provinces.

These officials used their positions to execute tasks as requested by Hau, enabling him and Phuc Son Group, as well as Thang Long company, to carry out projects, participate in tenders, and win contracts, causing significant damage to state assets.

Five former provincial Party Secretaries to be prosecuted in Phuc Son Group case

VOV.VN - The Investigation Police Agency of the Ministry of Public Security has completed its investigation and proposed prosecuting 41 defendants, including five former provincial Party Secretaries in a case related to Phuc Son Group JSC.