procuracy sees no evidence to reduce penalty for dinh la thang

Procuracy sees no evidence to reduce penalty for Dinh La Thang

Today (May 10), the Supreme People’s Procuracy proposed upholding the first instance sentence of 13 years of imprisonment given to Dinh La Thang.
pv power proposes 65 uscents of starting price for strategic share sale

PV Power proposes 65 UScents of starting price for strategic share sale

Vietnam’s second largest electricity producer, PetroVietnam Power Corporation (PV Power) has submitted to PetroVietnam, which holds a majority stake in PV Power, the starting price of VND14,900 ($0.65) for its auction of 676 million shares to strategic investors.
appeal court gives out death and life sentences in oceanbank case

Appeal court gives out death and life sentences in OceanBank case

The appeal trial upheld almost the entire first verdict, sentencing Nguyen Xuan Son to death, and Ha Van Tham to life imprisonment, identifying them as the masterminds behind the scheme that cost VND1 trillion ($44 million) to OceanBank.
supreme court to begin appeal hearing of petrovietnam case

Supreme Court to begin appeal hearing of PetroVietnam case

In the appeal letter submitted to the court, Trinh Xuan Thanh claimed he did not commit the crimes he was convicted of in the first instance and Dinh La Thang claimed the verdict was neither fair nor objective.
pv power to take over nhon trach 3 and 4 thermal power plants

PV Power to take over Nhon Trach 3 and 4 thermal power plants

PetroVietnam Power Corporation (PV Power), Vietnam’s second largest electricity producer, will replace PetroVietnam as the investor of Nhon Trach 3 and 4 thermal power plants located in Ong Keo Industrial Zone (IZ) in the southern province of Dong Nai.
deputy pm receives german talanx ag groups deputy chairman

Deputy PM receives German Talanx AG Group's Deputy Chairman

Deputy Prime Minister Vuong Dinh Hue received in Hanoi on April 19 Deputy Chairman of the management board of Germany’s Talanx AG Group Christian Hinsch.
oceanbank fraud trial dinh la thang appeals against courts decision

Oceanbank fraud trial: Dinh La Thang appeals against court’s decision

Dinh La Thang, former Chairman of the Member Council of the Vietnam Oil and Gas Group (PetroVietnam), who involved in the notorious OceanBank case, has submitted his written appeal asking the Hanoi People’s Court for reconsidering his charge, penalty and civil responsibility.
despite instability petrovietnam closes successful first quarter

Despite instability, PetroVietnam closes successful first quarter

Vietnam's oil and gas group PetroVietnam has paid VND23.8 trillion (nearly $1.1 billion) in taxes, surpassing the first quarter target by 30 per cent.
dinh la thang receives 18 year prison sentence in oceanbank scandal

Dinh La Thang receives 18-year prison sentence in OceanBank scandal

Dinh La Thang has been sentenced to 18 years in jail and to pay back VND600 billion ($26.5 million) at the trial over PetroVietnam's capital contribution to OceanBank.
pv power proposes taking over nhon trach 3 and 4 thermal power plants

PV Power proposes taking over Nhon Trach 3 and 4 thermal power plants

PetroVietnam Power Corporation (PV Power), the second largest electricity producer of Vietnam, may replace PetroVietnam as the investor of Nhon Trach 3 and 4 thermal power plants located in Ong Keo Industrial Zone (IZ) in the southern province of Dong Nai.
dinh la thang proposed 18 19 years of imprisonment

Dinh La Thang proposed 18-19 years of imprisonment

Dinh La Thang, former chairman of PetroVietnam, was found guilty in “denying responsibility, concealing violations, and not showing remorse” in the case of pouring VND800 billion ($35.3 million) into OceanBank.
dinh la thang recalls directions on capital contribution to oceanbank

Dinh La Thang recalls directions on capital contribution to OceanBank

At the court trial, Dinh La Thang claimed that he followed procedures and was approved by the prime minister of the time to contribute VND800 billion ($35.3 million) to OceanBank.
trial on wrongdoings in petrovietnams investment in oceanbank

Trial on wrongdoings in PetroVietnam's investment in OceanBank

The Hanoi People's Court on March 19 opened a trial for Dinh La Thang and six accomplices who were charged with 'deliberately violating State regulations on economic management causing serious consequences'and 'abusing position and power to appropriate assets' regarding PetroVietnam's investment of 800 billion VNO into OceanBank.
taekwang looks for strategic stake in pv power

Taekwang looks for strategic stake in PV Power

Taekwang Power Holdings, a unit of South Korean textile and shoemaker Taekwang Co., has ambitions to become the strategic investor of PetroVietnam Power Corporation (PV Power)—the second-largest electricity producer in Vietnam.
dinh la thang to stand for series of allegations at second trial

Dinh La Thang to stand for series of allegations at second trial

Tomorrow, the Hanoi People’s Court will open the second trial of Dinh La Thang, who is charged with of pouring VND800 billion ($35.3 million) of state-run Vietnam Oil and Gas Group (PetroVietnam) into OceanBank despite all the alerting signs.