The investigative agency determined that the father and son of the former Chairman of 3/2 Corporation embezzled more than 815 billion VND
The chairman of 3/2 Corporation embezzled more than 815 billion VND
The Police Investigative Agency (C03) of the Ministry of Public Security has just completed the conclusion of an additional investigation, proposing to prosecute 28 defendants in relation to the violation of land transfer at Binh Duong Import Export Production Company. One Member Limited Company (3/2 Corporation) and related units.
In the conclusion of this additional investigation, apart from being charged with the crime of “violating the regulations regarding the management and use of state property, resulting in loss and waste”, the defendant Nguyen Van Minh (Chairman of the Board of Directors concurrently Director General of the Corporation Director 3/2) with his daughter Nguyen Thuc Anh and The other 4 defendants are proposed for further trial for the crime of “Employment of property”.
According to C03, when transferring 43ha of land to Tan Phu Company and bringing 145ha of land to contribute capital in Tan Thanh Company during the 3/2 Company equity process, Mr. Minh willfully violated the regulations, violated the regulations, violated the financial management regulations, arbitrarily has the authority to determine land prices for the purpose of illegally transferring investment projects in this land without any legal basis. Binh Duong Provincial Party Committee approved.
Behavior Nguyen Van Minh was guilty of the crime of “violating regulations on the management and use of state assets, causing loss and waste”. This was the direct cause of damages of more than 1850 billion VND.
Regarding 3/2 Corporation – Joint Stock Company which bought 19% shares of Tan Thanh Company, the investigative agency accused Mr. Minh of directing the spending of more than 964 billion VND to buy 9,120,000 shares at a price of 105,737 VND/share causing more than 815 billion dong damage.
The amount was determined by the defendant and used for personal interests, so that it fulfills the signs that constitute a criminal act of “embarrassment of goods” as specified in Article 333 of the 2015 Criminal Code.
Mr. Minh is responsible for the amount of VND 815 billion, the amount personally owned by the defendant directly more than 154 billion was used to pay, repay bad debts in 3/2 Corporation and profit from shares in Hung Vuong Company”, C03 concluded.
Daughter helps father embezzle property
Regarding this case, the defendants Nguyen Thuc Anh (daughter of Mr. Minh – Chairman of the Board of Directors of Development Company; individual shareholder in Hung Vuong Company) and Tran Dinh Nhu Y (member of Board of Directors of Development Company; shareholder of Hung Vuong Company) are actively accused helped Nguyen Van Minh embezzle more than VND 815 billion.
According to the investigative agency, in 2011, Thuc Anh and Nhu Y were discussed by Mr. Minh and the defendant Vu Hong Cuong to bring the Development Company into a joint venture to carry out a project on a 145ha area to replace the Korean company.
Defendants Tran Dinh Nhu Y, Vu Hong Cuong, Nguyen Thuc Anh (left to right).
In conclusion, Thuc Anh and Nhu Y knew very well that the Development Company did not have the experience or financial capacity to implement the project. When Nguyen Van Minh committed that 3/2 Corporation would provide financial support and benefit from an annual increase in land value of 145ha at market price…the defendants agreed to let the Company expand. soil.
In 2017, Thuc Anh and Nhu Y asked Nguyen Tien Dat (representative of capital donated by Development Company at Tan Thanh Company) to meet and sign minutes to agree to equity participation in 145 hectares of land with a value of more than VND 139 billion, direct personal benefit to the added value of the land It was concluded that, Thuc Anh and Nhu Y know very well that the Development Company has no experience and does not have the financial capacity to implement the project. When Nguyen Van Minh committed that 3/2 Corporation would provide financial support and benefit from an annual increase in land value of 145ha at market price…the defendants agreed to let the Company expand. soil.
C03 determines that, at this time, the Development Company has not yet completed its capital contribution obligations to the Tan Thanh Company, so it can only transfer shares that have fully paid up capital, not the right to transfer to the Tan Thanh Company. The number of shares has not been repaid, but on January 12, 2018, Thuc Anh and Nhu Y agreed to transfer 32% of the contributed capital owned by the Development Company in Tan Thanh Company to Thuc Anh (16.32).% of the contributed capital) , Nhu Y (15.78%) under the direction of Nguyen Van Minh.
In addition, the group agreed to sell a 15% stake in Tan Thanh Company to 3/2 Corporation.
According to the investigative agency, Thuc Anh and Nhu Y knew that the transfer of shares in Tan Thanh Company to 3/2 Corporation was illegal, but still deliberately did so through an intermediary Dang Cong Thanh. thanks to Nhu Y) for converting the added value of the 145ha land into money, so that it is used to pay the debts of the Development Company, using it for various personal purposes.
From the above behavior, the investigative agency concluded that Nguyen Thuc Anh and Tran Dinh Nhu Y had committed the crime of “Embroidery of property”. The two must be jointly responsible for the amount of more than 815 billion VND, of which, Thuc Anh is responsible for crimes, is responsible for 209 billion dong, Tran Dinh Nhu Y is personally responsible for more than 201 billion dong.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
