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PVN wants deposits unfrozen to fund delayed, cash-strapped power plant

PVN wants deposits unfrozen to fund delayed, cash-strapped power plant

PVN is seeking to withdraw $5.5 million worth of frozen deposits its subsidiaries have in OceanBank to finance its much-delayed Thai Binh 2 plant.
Vietnam to hear appeal of runaway oil bigwig in landmark corruption case next month

Vietnam to hear appeal of runaway oil bigwig in landmark corruption case next month

Vietnam's runaway oil exec appeals second life sentence for embezzlement

Vietnam's runaway oil exec appeals second life sentence for embezzlement

Runaway bigwig's second trial suspended pending verification in Vietnam

Runaway bigwig's second trial suspended pending verification in Vietnam

Prosecutors have asked for more time to look into one of the companies Trinh Xuan Thanh was involved with.
January 28, 2018 | 12:16 am PT
Runaway oil exec sentenced to life as PetroVietnam corruption trial wraps up

Runaway oil exec sentenced to life as PetroVietnam corruption trial wraps up

Trinh Xuan Thanh's former boss at the oil giant, Dinh La Thang, was given 13 years behind bars for mismanagement.
January 21, 2018 | 08:34 pm PT
PetroVietnam corruption trial: Defense lawyers battle allegations in week 1

PetroVietnam corruption trial: Defense lawyers battle allegations in week 1

A summary of the main clashes between prosecutors and defendants at the trial of fallen political figures.
January 16, 2018 | 04:00 am PT
Infamous former PetroVietnam leader pleads for leniency at landmark corruption trial

Infamous former PetroVietnam leader pleads for leniency at landmark corruption trial

'I only want to die at home in the arms of relatives, to become a free ghost, not an imprisoned ghost.'
January 13, 2018 | 10:56 pm PT
Vietnam's runaway energy bigwig faces 2nd death sentence for embezzlement

Vietnam's runaway energy bigwig faces 2nd death sentence for embezzlement

Trinh Xuan Thanh allegedly agreed to undersell shares at PVP Land's project and accepted the buyer's $617,000 'gift' in return.
December 28, 2017 | 05:52 pm PT
Vietnam arrests exec of oil giant's construction unit for alleged embezzlement

Vietnam arrests exec of oil giant's construction unit for alleged embezzlement

Three more PVC officials have been arrested as the corruption crackdown at PetroVietnam continues.
September 29, 2017 | 06:08 pm PT
Senior officials arrested for alleged involvement in PetroVietnam unit scandal

Senior officials arrested for alleged involvement in PetroVietnam unit scandal

But the main suspect remains in hiding overseas.
April 1, 2017 | 08:39 pm PT
Senior officials punished as Vietnam probes political rise of runaway bigwig

Senior officials punished as Vietnam probes political rise of runaway bigwig

Inspectors have been probing those who promoted a wanted official.
December 1, 2016 | 11:00 am PT
Runaway bigwig will be hunted down: Vietnamese general

Runaway bigwig will be hunted down: Vietnamese general

Trinh Xuan Thanh's been accused of causing $150 mln losses at a state firm.
October 19, 2016 | 02:06 am PT
Vietnam’s wanted bigwig ran away to Europe: official

Vietnam’s wanted bigwig ran away to Europe: official

The man is at the center of a probe into nearly $150 million of losses at a state firm.
October 4, 2016 | 09:00 am PT
 
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