Former Vietnam politburo member back in court on suspicion of corruption

HANOI: A former member of Vietnam’s Politburo went on trial yesterday for alleged financial irregularities at a state-owned enterprise, the latest case in a crackdown on corruption, his lawyer told Reuters.

DinhLa Thang ,57, was sentenced to 13 years in prison in January in a separate case to become the highest-level politician to have been sentenced for decades.

He was back in a Hanoi court yesterday facing an accusation of “deliberate violation of state regulations on economic management”, his lawyer, Nguyen Huy Thiep, said.

Thang faces up to 20 years in prison if found guilty, in addition to the 13-year sentence handed down in January, after he was found guilty of “economic mismanagement” at a coal-fired power plant overseen by stateowned energy firm PetroVietnam, of which Thang was chairman.

The Poltiburo is Vietnam’s top decision-making body. Thang lost his position in the Politburo last year, after he came under suspicion of wrongdoing.

In the new trial, he and six other defendants are accused of wrongdoing in connection with causing losses of up to 800 billion dong (US$35.1 million) in PetroVietnam’s investment in Ocean Commercial Joint Stock Bank.

Ocean Bank suffered heavy losses and was forcibly taken over in 2015 by the State Bank of Vietnam, the central bank.