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Update news xuyen viet oil scandal
The High-level People's Court in HCM City on May 12 delivered the appellate verdict in the high-profile corruption case involving the Xuyen Viet Oil Transport, Trading and Tourism Co., Ltd (Xuyen Viet Oil).
The case represents a major corruption scandal in Vietnam’s energy sector, spanning both central and local levels.
The indictment concluded that the actions of Hạnh and her co-conspirators not only caused significant State budget losses, but also eroded public trust in government management.
At the time when its company leaders gave bribes to state officials, Xuyen Viet Oil Travel and Transport Trading Co Ltd had stockholder equity of minus VND462 billion and owed VND1.246 trillion in environmental protection tax to the state.
Prosecutor General of the Supreme People's Procuracy Le Minh Tri has reported to the National Assembly on the work of the procuracy sector from October 1, 2023 to March 31, 2024.