Former Vinaconex boss faces prosecution

vietnamnews

Update: May, 23/2017 – 18:00

The Đà River water pipeline keeps rupturing, causing a water shortage for some 177,000 households in Hà Nội. — VNA/VNS Photo
HÀ NỘI — The Ministry of Public Security’s Police Investigation Agency has prosecuted Phí Thái Bình, former chairman of the Vinaconex board of directors, for violating construction regulations and causing serious consequences.

Bình, who is also former vice chairman of the city’s People’s Committee, was found to be responsible for the mismanagement during the time he held the position at the company.

State-owned Vinaconex was the investor of the Đà River water pipeline, with total investment of VNĐ1.45 trillion (US$64.4million). The pipeline was put into operation in 2009 and has been ruptured several times in the past several years, causing serious impact on some 177,000 city households due to the water shortage.

Former CEO of Vinaconex Nguyễn Văn Tuân and five other executives also face charges for violating construction and investment regulations.

They are all on bail due to old age and poor health.

The decision has been handed over to the Supreme People’s Court.

Previously, the Police Investigation Agency had announced the results of the investigation on the Đà River water pipeline. Construction of the pipeline, which carried water from Đà River to Hà Nội, was completed in 2004 and put into use five years later.

However, the pipeline was ruptured 14 times between 2012 and 2015, leading to a shortage of water for 177,000 households for nearly 350 hours and an estimated loss of 1.5 million cu.m of water. The company has spent more than VNĐ13 billion ($572,900) to fix the incidents.

The investigation’s results revealed that members of the Vinaconex’s board of directors, including Phí Thái Bình, Nguyễn Văn Tuân, Tô Ngọc Thành, Hoàng Hợp Thương and Vũ Đình Chầm, decided to use substandard untested fiberglass composite, causing massive ruptures, and chose a disqualified and inexperienced contractor to supply the poor quality pipeline for the project.

In March 2016, the Supreme People’s Court prosecuted nine officials for violating regulations on investment and construction management. Several months later, Bình and his former partners were proposed to be exempt from criminal prosecution, leading to outrage among the public. — VNS

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This entry was posted in Anti-corruption - Chống tham nhũng, Corruption - Tham nhũng, Governance - Công quyền and tagged , , by Trần Đình Hoành. Bookmark the permalink.

About Trần Đình Hoành

I am an attorney in the Washington DC area, with a Doctor of Law in the US, attended the master program at the National School of Administration of Việt Nam, and graduated from Sài Gòn University Law School. I aso studied philosophy at the School of Letters in Sài Gòn. I have worked as an anti-trust attorney for Federal Trade Commission and a litigator for a fortune-100 telecom company in Washington DC. I have taught law courses for legal professionals in Việt Nam and still counsel VN government agencies on legal matters. I have founded and managed businesses for me and my family, both law and non-law. I have published many articles on national newspapers and radio stations in Việt Nam. In 1989 I was one of the founding members of US-VN Trade Council, working to re-establish US-VN relationship. Since the early 90's, I have established and managed VNFORUM and VNBIZ forum on VN-related matters; these forums are the subject of a PhD thesis by Dr. Caroline Valverde at UC-Berkeley and her book Transnationalizing Viet Nam. I translate poetry and my translation of "A Request at Đồng Lộc Cemetery" is now engraved on a stone memorial at Đồng Lộc National Shrine in VN. I study and teach the Bible and Buddhism. In 2009 I founded and still manage dotchuoinon.com on positive thinking and two other blogs on Buddhism. In 2015 a group of friends and I founded website CVD - Conversations on Vietnam Development (cvdvn.net). I study the art of leadership with many friends who are religious, business and government leaders from many countries. In October 2011 Phu Nu Publishing House in Hanoi published my book "Positive Thinking to Change Your Life", in Vietnamese (TƯ DUY TÍCH CỰC Thay Đổi Cuộc Sống). In December 2013 Phu Nu Publishing House published my book "10 Core Values for Success". I practice Jiu Jitsu and Tai Chi for health, and play guitar as a hobby, usually accompanying my wife Trần Lê Túy Phượng, aka singer Linh Phượng.

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