Mr. Dinh La Thang's younger brother was arrested to investigate the crime of embezzlement of property.

Mr. Dinh Manh Thang - Director of Song Da Petroleum Investment and Trading Joint Stock Company was arrested for embezzlement.

Mr. Dinh Manh Thang

Thanh Nien news source said that on the night of December 8, the Ministry of Public Security's Investigation Police Agency issued a decision to prosecute and temporarily detain Mr. Dinh Manh Thang (55 years old), Director of Song Da Petroleum Investment and Trading Joint Stock Company, for embezzlement of property.

Notably, Mr. Dinh Manh Thang is the younger brother of Mr. Dinh La Thang, former Chairman of the Board of Members of the Vietnam Oil and Gas Group.

Speaking to Thanh Nien this morning (December 9), a leader of the Ministry of Public Security confirmed the above information and said that Mr. Thang was arrested due to violations related to the case of intentional violation and embezzlement of assets that occurred at the Vietnam Oil and Gas Construction Corporation (PVC).

It is known that Song Da Petroleum Investment and Trading Joint Stock Company is a joint venture between Vietnam Oil and Gas Group and Song Da Corporation. These are also large state-owned enterprises where Mr. Dinh La Thang worked and held the important position as the head.

In another development, last night, the Ministry of Public Security's Investigation Police Agency issued a decision to prosecute and temporarily detain Mr. Dinh La Thang for intentionally violating State regulations on economic management, causing serious consequences.

The prosecution and temporary detention of Mr. Thang is part of the investigation into the case of "Intentionally violating State regulations on economic management causing serious consequences; Abusing position and power to appropriate property" occurring at PVN, causing a loss of 800 billion VND of PVN's capital contribution to OceanBank and the case of Intentionally violating State regulations on economic management causing serious consequences occurring at Vietnam Oil and Gas Construction Joint Stock Corporation (PVC) and Thai Binh 2 Thermal Power Project.

The decisions to prosecute and the order to temporarily detain Mr. Dinh La Thang have been approved by the Supreme People's Procuracy.

According to Thanhnien