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Vinalines is infamous for a ...
Vinalines is infamous for a serious corruption case in 2008 that eventually resulted in a death penalty for its former chairman Duong Chi Dung.
accomplices were found to cause a loss of over VND366 billion ($17.4 million) to the state budget as of May 2012, through Vinalines
' purchase of an old floating dock, worth only $2.3 million, at $9 million in 2008.
was sentenced to death in December 2013 on charges of "intentionally violating state regulations on economic management, causing serious consequences" and "embezzlement."
Deputy General Manager - BAOMOI.COM
Duong Chi Dung
The Ministry of Public Security on May 19 initiated legal proceeding against and ordered the arrest of Duong Chi Dung, head of Vietnam Maritime Administration, who is also the former chairman of Vinalines Container Shipping Company.
The Ministry of Public Security yesterday arrested and prosecuted Duong Chi Dung, head of Viet Nam Maritime Administration, who is also the former chairman of Vinalines Container Shipping Company.
Duong Chi Dung (C-front), ...
Duong Chi Dung (C-front), 56, former chairman of Vinalines, and his accomplices listen to the verdict at a local People's Court in Hanoi on December 16, 2013.
Vinalines has gained much ...
Vinalines has gained much attention over the corruption case of their former chairman, Duong Chi Dung, who was wanted internationally for the huge losses he caused for the group and the state.
Both Dung and the general director were given death sentences.
Duong Tu Trong, the younger brother ...
Duong Tu Trong, the younger brother of the former chairman of Vinalines, Duong Chi Dung, received an 16 year sentence for aiding the flee of his older brother.
The jury said that the crimes were extremely serious, as many of the offenders were policemen colluded with criminals to arrange for Duong Chi Dung
to flee abroad.
When Duong Chi Dung
failed to gain entry to the US and returned to Cambodia, Trong directed other offenders to provide Dung money.
not been captured, it would have been impossible to retrieve the money he
On May 7, the Hanoi's People's Court handed down death sentences to Duong Chi Dung
, and former Vinalines
CEO, Mai Van Phuc.
and Phuc were accused of intentionally violating state regulations and embezzling state assets.