In the conclusion of the investigation into the case at Xuyen Viet Oil Company, the Security Investigation Agency of the Ministry of Public Security accused Mai Thi Hong Hanh (Chairman and Director of the company) of violating regulations on the management and use of the Environmental Protection Tax, causing a loss of more than VND 1,244 billion.
According to the investigation agency, the Environmental Protection Tax is an indirect tax levied on products and goods that have a negative impact on the environment, including gasoline and oil. The tax is borne by consumers and is included in the selling price of goods and services. The amount is collected by the seller and then paid to the state budget on a monthly basis.
However, the investigation conclusion pointed out that from October 2021 to July 2022, Xuyen Viet Oil failed to pay the Environmental Protection Tax as required and currently owes more than VND 1,244 billion (excluding late payment interest). During this period, Xuyen Viet Oil collected the tax on behalf of the state, but Hanh neither performed nor instructed her staff to perform the payment into the state budget.
Defendant Mai Thi Hong Hanh
In reality, Hanh transferred more than VND 12,625 billion from Xuyen Viet Oil’s account to her personal accounts for personal use. From October 2021 to February 21, 2023, she withdrew more than VND 1,937 billion.
According to the investigation conclusion, as of September 20, 2023, the Vietnam National Information Center identified that Hanh’s companies had bad debts of more than VND 6,178 billion. Additionally, the Gasoline and Oil Price Stabilization Fund also owed more than VND 219 billion to Xuyen Viet Oil.
Currently, out of 17 accounts at 8 banks belonging to Hanh and 19 accounts of Xuyen Viet Oil, the Ministry of Public Security stated that only more than VND 4 billion and more than USD 244 remained. The authorities determined that Hanh no longer had the financial capacity to pay the overdue taxes.
The money transferred out of Xuyen Viet Oil’s account was used by Hanh to purchase real estate under her personal name, borrow from banks, lend to friends, and bribe officials.
In this case, the investigation agency determined that Hanh’s group bribed other defendants such as Do Thang Hai (former Deputy Minister of Industry and Trade), Tran Duy Dong (former Director of the Domestic Market Department, Ministry of Industry and Trade), Hoang Anh Tuan and Nguyen Loc An (both former Deputy Directors of the Domestic Market Department), and Le Duc Tho (former Secretary of the Ben Tre Provincial Party Committee) with a total of more than 1.2 million USD…
Mai Thi Hong Hanh was also accused of giving luxury Patek Philippe watches to several officials. Among them, Le Duc Tho received 4 watches (one worth about VND 10 billion), a set of Honma golf clubs worth VND 1.1 billion, and a Mercedes S450 Luxury car worth VND 6.7 billion.
Police Investigate Multi-Million Dollar Electrical Wire Theft on Phan Thiet – Dau Giay Highway.
In just 4 months, over tens of thousands of meters of electrical cables used for lighting on Phan Thiet – Dau Giay highway have been stolen, resulting in a total loss of over 3.6 billion VND.
Couple Charged after Declaring a Pool Worth Over 49 Billion VND
With hundreds of participants, our organization is known for hosting multiple rope jumping events. However, due to financial difficulties, the owners of the organization have announced their inability to cover the costs totaling over 49 billion VND.
Arrest of ‘female general’, two oil companies receive additional prohibition orders
The Customs has recently halted the customs clearance procedures for Hai Ha Marine Transport and Xuyen Viet Oil Trading & Transportation Company Limited. Prior to this, the executives of these two petroleum companies were indicted and arrested.
Providing Opportunities for Borrowers Facing Heavy Interest Rates in Thach Thanh, Thanh Hoa
From late 2019 until her arrest, Bui Thi Huong in Thanh Hoa had been providing loans with exorbitant interest rates, preying on the poor residents in the area and profiting over 600 million VND illegally.
