Former knitting company general director prosecuted for fraud
The Police Investigation Agency under the Ministry of Public Security on Monday announced it had launched legal proceedings against Le Thanh Cong, former general director of Dong Phuong Knitting Company, for “abuse of position and power while on duty”.
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| Le Thanh Cong (right) will be prosecuted for charges of abusing position and power while on duty. - VNA/VNS Photo |
The prosecution is part of the second-stage investigation into a corruption case which involved losses of roughly VND1 trillion (US$44.4 million) at the Vietnam Bank for Agriculture and Rural Development’s Branch No 6.
The agency said it was carrying out the second phase of the investigation into the case of Duong Thanh Cuong, former general director of Tan Phat Investment and Construction Company, and his accomplices for charges of “abusing position, power and trust to appropriate property and cheating to appropriate property” at the bank’s branch No 6 in HCM City.
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