Former Asanzo Chairman’s Siblings Plead for Lenient Sentencing

Previously, the sentences handed down by the Ho Chi Minh City People's Court were deemed significantly lighter than the penalties proposed by the Ho Chi Minh City People's Procuracy.

0
35

The Ho Chi Minh City People’s Court confirmed that after the first-instance trial, defendants Pham Van Tam (former Chairman of Asanzo Company’s Board of Directors) and Pham Xuan Tinh (former CEO of Asanzo Company) filed appeals seeking reduced sentences.

Previously, on September 17, the Ho Chi Minh City People’s Court conducted the first-instance trial and sentenced the defendants involved in the “Smuggling” and “Tax Evasion” case at Asanzo Company.

According to the verdict, defendant Pham Van Tam (born in 1980) received a 4-year 6-month prison sentence for “Smuggling,” a 2 billion VND fine for “Tax Evasion,” and an additional 100 million VND supplementary fine.

Defendant Pham Xuan Tinh (born in 1985) was sentenced to 2 years 6 months in prison for “Tax Evasion” and a 50 million VND supplementary fine.

The two defendants listening to the court’s verdict

Compared to the sentences proposed by the Ho Chi Minh City People’s Procuracy, the court’s verdict was significantly lighter.

Specifically, the Procuracy had recommended 10–12 years in prison for defendant Tam and 4–5 years for defendant Tinh. The Procuracy argued that as leaders of the company, the defendants intentionally committed crimes, negatively impacting society, and thus deserved severe punishment as a deterrent. Additionally, the Procuracy found insufficient grounds to apply mitigating circumstances for active cooperation in the case of defendant Tam, as he initially denied smuggling activities, hindering the investigation.

However, the court determined that the two defendants had no aggravating circumstances, had confessed truthfully, shown remorse, and returned all related funds. Based on these factors, the court decided to impose sentences much lower than the Procuracy’s recommendations.

You may also like

Vietnam’s Import-Export Budget Revenue Reaches 336.540 Trillion VND

Revenue from import-export activities in the first nine months of 2025 reached 336.540 trillion VND, marking a 9.9% increase compared to the same period last year.

The Ongoing Controversies Surrounding Vietnam’s Shark Tank ‘Sharks’

From the AntEx cryptocurrency project linked to Shark Bình, to the fraud case involving Shark Thủy, and the tax scandal surrounding Shark Tam, the controversies involving the “sharks” of Shark Tank Vietnam have been making headlines recently.

Unveiling the Shadows of Hoàng Hường’s Empire: Are There More Hidden Violations?

The Ministry of Public Security’s Investigation Police Agency has officially pressed charges and initiated legal proceedings against Hoang Thi Huong, the owner of the “Hoang Huong Ecosystem,” for “Violating Accounting Regulations with Serious Consequences.” However, legal experts suggest that the case may extend beyond this specific violation, potentially revealing indications of additional unlawful activities.

Unveiling the Billion-Dollar Concealment Tactics of Hoang Huong’s Ecosystem

An initial investigation revealed that, between 2021 and 2025, the violations committed by Hoang Huong and her accomplices resulted in hundreds of billions of Vietnamese dong in value-added tax losses for the state budget.

What Can We Learn from Hoang Huong’s Arrest?

Initial investigation results reveal that from January 2021 to June 2025, Hoang Huong omitted nearly VND 1.8 trillion in revenue from accounting records.