People’s Procuracy: Nguyen Bac Son the leader in MobiFone-AVG case

People’s Procuracy: Nguyen Bac Son the leader in MobiFone-AVG case

The People’s Procuracy has determined that former Minister of Information and Communications Nguyen Bac Son played the leading role in a case involving the MobiFone Telecommunications Corporation’s purchase of a 95 percent stake in the Audio Visual Global JSC (AVG), an appeal trial in Hanoi on April 24 heard. ​
Appeal trial begins for MobiFone-AVG case

Appeal trial begins for MobiFone-AVG case

The High-Level People’s Court in Hanoi on April 23 began a four-day appeal trial for the case involving the MobiFone Telecommunications Corporation’s purchase of 95 percent of shares in the Audio Visual Global JSC (AVG).
Appeal trial for MobiFone-AVG case suspended due to COVID-19 concern

Appeal trial for MobiFone-AVG case suspended due to COVID-19 concern

The appeal trial for the case involving MobiFone Telecommunications Corporation’s purchase of a 95 percent share in Audio Visual Global JSC (AVG), initially scheduled for April 13-16, will be suspended due to the COVID-19 concern, the High-Level People’s Court in Hanoi announced on April 2.
Eleven defendants in AVG case file appeals

Eleven defendants in AVG case file appeals

The Hanoi People’s Court said it has received appeals filed by 11 out of 14 defendants in the first instance trial of the MobiFone’s purchase of 95 percent of shares of the Audio Visual Global JSC (AVG).
AVG case: Former minister Son files appeal against life sentence

AVG case: Former minister Son files appeal against life sentence

Former minister of information and communication Nguyen Bac Son has filed his appeal against the life imprisonment sentence for him in the first instance trial of the MobiFone’s purchase of 95 percent of shares of the Audio Visual Global JSC (AVG).
Former chairman of MobiFone to be arrested

Former chairman of MobiFone to be arrested

MoPS has just issued a decision to start legal proceedings over MobiFone's acquisition of AVG and started prosecuting former chairman Le Nam Tra.
At least six months of waiting time for MobiFone shares

At least six months of waiting time for MobiFone shares

Foreign investors are in for a wait if they want to buy into MobiFone.
Serious violations during MobiFone-AVG acquisition to draw penalties

Serious violations during MobiFone-AVG acquisition to draw penalties

The leaders of MIC and MobiFone committed serious violations of the law during the notorious AVG acquisition.
Comvik ignores AVG scandal and still wants strategic piece in MobiFone

Comvik ignores AVG scandal and still wants strategic piece in MobiFone

Comvik Group has for the third time expressed interest in becoming MobiFone's strategic partner, but the latter's current situation might make things difficult.
AVG shareholders return $375 million to MobiFone

AVG shareholders return $375 million to MobiFone

The total funds returned by AVG shareholders included the value of 95 per cent of the shares that MobiFone had acquired and an additional $2.63 million in terms of interest and other fees in the notorious deal.
AVG shareholders to return MobiFone's $110 million

AVG shareholders to return MobiFone's $110 million

The total money paid by MobiFone for the AVG acquisition will be returned within 90 days after signing the cancellation agreement.
Prime Minister agrees to MobiFone inspection conclusions

Prime Minister agrees to MobiFone inspection conclusions

The prime minister has agreed with the conclusions of the Government Inspectorate on the case of MobiFone, according to Dantri.com.vn.
Inspectorate proposes prosecution of MobiFone over AVG acquisition

Inspectorate proposes prosecution of MobiFone over AVG acquisition

Most of the violations and damages caused by MobiFone are the responsibilities of the Board of Directors and relevant key officers.
MobiFone and AVG to cancel acquisition deal

MobiFone and AVG to cancel acquisition deal

The shareholders of AVG will return all the money paid by MobiFone, along with interest, and related costs.
Party Secretariat asks for inspection results of MobiFone acquisition

Party Secretariat asks for inspection results of MobiFone acquisition

MobiFone's 95-per-cent stake purchase AVG has been called a “very serious case.”