This morning, on September 17th, the Ho Chi Minh City People’s Court commenced the trial of Mr. Dinh Truong Chinh and two former leaders of the Southern Food Corporation (Vinafood II) in connection with the sale of prime land without auction, resulting in a loss of 970 billion VND.
According to the indictment, defendants Huynh The Nang (66, former General Director of Vinafood II), Nguyen Tho Tri (64, former Deputy General Director of Vinafood II), and Dinh Truong Chinh (51, former Chairman of the Board of Directors of a Real Estate Development Company) are charged with “Violating regulations on the management and use of state assets, causing losses and waste.”
Defendants Dinh Truong Chinh, Nguyen Tho Tri, and Huynh The Nang at the trial on the morning of September 17th. (Photo: Luong Y).
The trial is scheduled to last until September 19th, presided over by Judge Nguyen Thi Ha (Deputy Chief Judge of the Criminal Division of the Ho Chi Minh City People’s Court), alongside Judge Vu Hoai Nam and three lay judges. Four prosecutors from the Ho Chi Minh City People’s Procuracy are participating in the proceedings.
Vinafood II is identified as the victim in this case. Additionally, the court has summoned the Ho Chi Minh City People’s Committee, the Ministry of Agriculture and Rural Development, the Department of Agriculture and Rural Development (formerly), and 42 other individuals and organizations as parties with related rights and obligations.
Mr. Huynh The Nang is represented by 7 lawyers, Mr. Dinh Truong Chinh by 9 lawyers, and Mr. Nguyen Tho Tri by 3 lawyers.
According to the indictment, Vinafood II was designated to purchase properties at 33 Nguyen Du and lots 34, 36, 42 Chu Manh Trinh (former District 1, Ho Chi Minh City) for a project. If the project was not implemented, the company was required to sell the properties through auction.
However, defendants Nang, Tri, and Dinh Truong Chinh transferred these assets in violation of regulations, without auction, causing a loss of 970 billion VND to the state. Defendant Chinh is alleged to have benefited entirely from this amount.
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