Officials of Air petrol company face trial

Eleven employees from Viet Nam Air Petrol Company are being tried for abuse of power in Ha Noi.

From 1996 to 2003, the Viet Nam Air Petrol Company (Vinapco) signed a contract with Bao Anh Company to transport 1.64 billion litres of petrol from Ghenh Rai Seaport to its store at Vung Tau Seaport, according to the prosecutors' indictment. The Bao Anh Company allegedly transferred only 1 billion litres to the store and sold the remaining fuel.

The prosecutors' indictment states that Vinapco employees conspired with Bao Anh workers to embezzle billions of dong. Nguyen Viet Hoa, Vinacap's former export-import head, signed a contract with Le Tuan Long, Bao Anh's Director, that allegedly allowed for the companies to forge documents and embezzle funds from the petro deal.

To be updated.

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