A Vietnamese former oil executive allegedly kidnapped from Germany yesterday was jailed for life for embezzlement, state media reported, his second life sentence tied to a corruption crackdown.
The one-party state has convicted scores of business and political elites as part of an anti-graft drive observers say is driven by political infighting as much as a commitment to fight crime.
Trinh Xuan Thanh is one of the biggest names to go down as part of the purge, which mirrors a similar crackdown in neighboring China.
Photo: Reuters / Vietnam News Agency
The former PetroVietnam Construction Joint Stock Co (PVC) chairman was found guilty of pocketing US$620,000 of state funds from a real-estate project.
Thanh was convicted alongside seven others who all got lighter sentences following a two-week trial in Hanoi, the state-controlled VNExpress news site reported.
“The jury board found all eight defendants guilty of embezzlement. Because he was ultimately responsible, Trinh Xuan Thanh was given a life term,” VNExpress quoted the prosecutor as saying.
Embezzlement carries a maximum sentence of death in Vietnam, although Thanh was spared because he cooperated with the court, according to state media.
The other defendants were given between six and 16 years in jail.
“The defendants’ actions were a symbol of ethical degradation and corruption by civil servants for their own benefit,” the prosecutor added.
Thanh’s case has grabbed international headlines since Germany said he was kidnapped from a Berlin park by Vietnamese security agents last year, slamming the move as a “scandalous violation” of its sovereignty.
Hanoi denies the accusation, and said Thanh — who had been seeking asylum in Germany — returned to Vietnam to voluntarily hand himself in.
Thanh’s first life sentence was handed down last month in a separate trial, where he was accused alongside ex-politburo member Dinh La Thang and 20 others of causing US$5.2 million in losses for the state during an investment by state-run PetroVietnam into a thermal power plant.
Thang — another former head of PetroVietnam, the nation’s largest oil firm — is the most senior official convicted of graft in recent years. He was handed 13 years in prison in the case that captivated a nation unused to seeing misdeeds of high-profile figures play out in public.
Both men have appealed their sentences in that case.
This week, 46 bankers face sentencing for allegedly causing millions of US dollars in losses.
The Legislative Yuan’s Finance Committee yesterday approved proposed amendments to the Amusement Tax Act (娛樂稅法) that would abolish taxes on films, cultural activities and competitive sporting events, retaining the fee only for dance halls and golf courses. The proposed changes would set the maximum tax rate for dance halls and golf courses at 50 and 20 percent respectively, with local governments authorized to suspend the levies. Article 2 of the act says that “amusement tax shall be levied on tickets sold or fees charged by amusement places, facilities or activities” in six categories: “Cinema; professional singing, story-telling, dancing, circus, magic show, acrobatics
CREDIT-GRABBER: China said its coast guard rescued the crew of a fishing vessel that caught fire, who were actually rescued by a nearby Taiwanese boat and the CGA Maritime search and rescue operations do not have borders, and China should not use a shipwreck to infringe upon Taiwanese sovereignty, the Coast Guard Administration (CGA) said yesterday. The coast guard made the statement in response to the China Coast Guard (CCG) saying it saved a Taiwanese fishing boat. The Chuan Yu No. 6 (全漁6號), a fishing vessel registered in Keelung, on Thursday caught fire and sank in waters northeast of Diaoyutai Islands (釣魚台). The vessel left Keelung’s Badouzih Fishing Harbor (八斗子漁港) at 3:35pm on Sunday last week, with seven people on board — a 62-year-old Taiwanese captain surnamed Chang (張) and six
Tainan, Taipei and New Taipei City recorded the highest fines nationwide for illegal accommodations in the first quarter of this year, with fines issued in the three cities each exceeding NT$7 million (US$220,639), Tourism Administration data showed. Among them, Taipei had the highest number of illegal short-term rental units, with 410. There were 3,280 legally registered hotels nationwide in the first quarter, down by 14 properties, or 0.43 percent, from a year earlier, likely indicating operators exiting the market, the agency said. However, the number of unregistered properties rose to 1,174, including 314 illegal hotels and 860 illegal short-term rental
INFLATION UP? The IMF said CPI would increase to 1.5 percent this year, while the DGBAS projected it would rise to 1.68 percent, with GDP per capita of US$44,181 The IMF projected Taiwan’s real GDP would grow 5.2 percent this year, up from its 2.1 percent outlook in January, despite fears of global economic disruptions sparked by the US-Iran conflict. Taiwan’s consumer price index (CPI) is projected to increase to 1.5 percent, while unemployment would be 3.4 percent, roughly in line with estimates for Asia as a whole, the international body wrote in its Global Economic Outlook Report published in the US on Monday. The figures are comparatively better than the IMF outlook for the rest of the world, which pegged real GDP growth at 3.1 percent, down from 3.3 percent