Nguyen Hoai Giang (left) and Pham Xuan Quang are arrested on remand to investigate the alleged abuse of position and power to appropriate assets
The Investigation Police Agency under the Ministry of Public Security said on May 10 that they had prosecuted and held BSR's former Chairman of the Member Council, Nguyen Hoai Giang, and former chief accountant Pham Xuan Quang on remand to investigate the alleged abuse of position and power to appropriate assets at the company and the Ocean Commercial Joint Stock Bank (OceanBank).
On April 27, BSR's Deputy Director General, Vu Manh Tung, was also prosecuted and taken into temporary detention for the same charge.The arrest of the three former BSR's key staff followed the on-going court on the wrongdoings at the Oceanbank and PetroVietnam where Oceanbank's former CEO, Nguyen Thi Minh Thu told the court that she had given VND19 billion (USD838,373) to four leaders of BSR.
"In January 2011, I gave the money to three VIP customers of Oceanbank including Binh Son Refining and Petrochemical, Vietnam Oil Corporation and Vietsovpetro,' Thu said at a trial on November 9, 2017.
Thu said she had given VND19 billion as customer care fees to four leaders at the Binh Son Refining and Petrochemical including Chairman of the Member Council Nguyen Hoai Giang, General Director Dinh Van Hau, Deputy General Director Vu Manh Tung, and Chief Accountant Pham Xuan Quang.
"I gave the money to Hau about seven or eight times, each time VND500 million (USD22,036), Thu told the court, adding that General director Tung and chief accountant Quang were given between VND500 millon-1 billion and VND300-500 million each time, respectively.
Police said they are expanding the probe to include the actions of the three suspects and relevant persons and recover state assets. The case is directly monitored by the Central Steering Committee for Anti-Corruption.
