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Wrong Duong Dung?

Duong Chi Dung

Chairman

Vinalines

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Vinalines

Viet Nam

Find other employees at this company (49)

Background Information

Employment History

Chief of the Ministry

Transport


Web References(61 Total References)


www.vir.com.vn

Vinalines is infamous for a serious corruption case in 2008 that eventually resulted in a death penalty for its former chairman Duong Chi Dung.
Dung and his 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. He was sentenced to death in December 2013 on charges of "intentionally violating state regulations on economic management, causing serious consequences" and "embezzlement."


www.globalpost.com

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.


www.vir.com.vn

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.


www.vir.com.vn

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. Had Dung not been captured, it would have been impossible to retrieve the money he embezzled. On May 7, the Hanoi's People's Court handed down death sentences to Duong Chi Dung, and former Vinalines CEO, Mai Van Phuc. Dung and Phuc were accused of intentionally violating state regulations and embezzling state assets.


www.stoxplus.com

Duong Chi Dung pleads for leniency to avoid death penalty
Former Vinalines chairman, Duong Chi Dung, gave speech at court hopes of avoiding the recommended penalty of death.


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