Mr. Dinh La Thang was proposed to be sentenced to 18-19 years in prison.
As soon as the trial began on the morning of March 22, the representative of the People's Procuracy announced the indictment against Mr. Dinh La Thang and his accomplices in the case of PVN losing 800 billion VND when investing in OceanBank.
The representative of the People's Procuracy said that there was sufficient basis to affirm that defendant Dinh La Thang, although he clearly knew that the current situation of OceanBank was weak, and clearly knew that before issuing the Resolution of the Board of Directors of PVN (on capital contribution), he had to seek the direction of the Prime Minister, but he still decided to contribute capital to OceanBank, and then reported to the Prime Minister.
The People's Procuracy believes that defendant Thang "acted first and reported later", showing contempt for the law by not following the instructions of the Prime Minister and the Ministry of Finance... At the trial, the defendant made excuses for his illegal behavior.
The prosecution of defendant Thang is well-founded and in accordance with the law. The People's Procuracy also believes that the prosecution of other defendants in the case is well-founded and in accordance with the law.
At the trial, Nguyen Xuan Son testified that he had bought Ninh Van Quynh an apartment worth 5 billion VND at Star City (Le Van Luong, Hanoi). In order to avoid letting criminals escape, the People's Procuracy requested the panel of judges to recommend the investigation agency to continue investigating and clarifying this statement of defendant Son.
The Procuracy believes that Mr. Thang is the person with the highest position and authority in PVN, responsible for preserving PVN's capital. The defendant is the person who decided on the policy and directed his subordinates to commit the intentional violation, and must bear primary responsibility for the loss of 800 billion VND of PVN's capital contribution to OceanBank. After committing the crime, the defendant did not truly repent but also used tricks to conceal the crime, avoiding responsibility and the consequences. During this time, the defendant himself committed a crime and is being tried.
During the investigation and trial, the defendant did not honestly admit his guilt for his crimes, so a severe punishment is needed to educate the defendant and to deter and prevent the general public. However, the panel of judges is requested to consider a partial reduction in the defendant's sentence because the defendant has made contributions and during the prosecution and trial, the defendant has accepted responsibility as a leader.
The People's Procuracy proposed the sentence:
The defendants were prosecuted for intentionally violating state regulations on economic management, causing serious consequences.
Mr. Dinh La Thang (former Chairman of PVN Board of Directors):18 - 19five years in prison.
GrandfatherVu Khanh Truong(former member of PVN Board of Directors): 7 - 8 five years in prison.
GrandfatherNguyen Xuan Thang(former member of PVN Board of Directors):24 - 30months in prison.
GrandfatherNguyen Thanh Liem(former member of PVN Board of Directors):24 - 30month of non-custodial reform.
GrandfatherPhan Dinh Duc(former member of PVN Board of Directors):24 - 30month of non-custodial reform
GrandfatherNguyen Xuan Son(former Deputy General Director of PVN):30- 36months in prison.
GrandfatherNinh Van Quynh(former Chief Accountant, concurrently Head of the Finance, Accounting and Auditing Department of PVN): 7-8 years in prison for intentionally violating the law; 17-18 years in prison for abusing position and power to appropriate property; total penalties from24 - 26five years in prison.
Prohibit the defendants from holding certain positions for a period of 5 years.
At the end of the indictment, the People's Procuracy requested that "the panel of judges give the right verdict for the right person, the right crime, and the right law."
