Mr. Tat Thanh Cang ‘blamed’ his subordinates for his crime

On the morning of June 6, the High People’s Court in Ho Chi Minh City opened an appeal hearing for former Standing Deputy Secretary of the Ho Chi Minh City Party Committee Tat Thanh Cang and his accomplices according to the appeal of 10 defendants and Sadeco Company ( a subsidiary of Tan Thuan Industrial Development Company Limited (IPC).

Previously, disagreeing with the judgment of the first instance, Mr. Tat Thanh Cang and 10 accomplices filed an appeal requesting to review the crime and ask for a reduction in the punishment.

The trial is expected to last until June 17. Judge Tran Thi Thu Thuy presides over.

In the procedural part, the chairman announced that defendant Vu Xuan Duc (former Deputy General Director of IPC) was absent because he was being held in custody in another case and would be escorted to the next day’s trial.

Therefore, the trial panel continued the trial and the defendants and defense lawyers also agreed with this decision.

Upholding the appeal for punishment reduction, defendant Te Tri Dung (former General Director of IPC) presented that the defendant had made efforts to overcome the consequences during the prosecution and investigation stages.

After the first-instance court hearing, the defendant’s family compensated the amount that the defendant had to jointly compensate Sadeco 465 million dong. I hope the appellate panel will consider the case holistically, objectively and comprehensively to try the defendant, in accordance with objective evidences.

Mr. Tat Thanh Cang also asked the jury to reconsider the crime because he thought that the first-instance judgment found the defendant’s crime inappropriate and his violation of the law was due to his dishonest subordinates, the fraud of the defendant. The Office of the City Party Committee in Sadeco caused the defendant to give incorrect instructions.

The other defendants also upheld their appeals, hoping the appellate level would reconsider the charges and reduce the defendants’ sentences.

According to the first-instance judgment, Mr. Tat Thanh Cang approved the issuance of 9 million shares of Sadeco to Nguyen Kim Company, ignoring the auction of the value of the shares. This coffee pen of Mr. Cang caused Sadeco to lose 1,103 billion VND.

Defendant Te Chi Dung took advantage of his position and power to approve and spend a lot of money from the reward fund for himself and other members of the Board of Directors for personal use in contravention of regulations. Defendant Dung appropriated over 1.7 billion VND.

Defendant Ho Thi Thanh Phuc followed the direction of Mr. Te Tri Dung, signed reports and proposals to the Board of Members of IPC Company and the Board of Directors of Sadeco Company on increasing charter capital for the Company. Nguyen Kim Company and voted to approve the issuance of shares to Nguyen Kim Company without a public auction, without organizing price appraisal.

In addition, defendant Phuc also signed 2 travel contracts with Ben Thanh Tourism Company and signed a proposal to spend money and receive money from remuneration and reward and then transfer it back to Te Tri Dung and members of the Board of Directors, creating favorable conditions for him. sue individuals for appropriation of state money.

Thanh Phuong- Thanh Tung