At an appeal trial in Hanoi on April 16, Nga and Housing Group were also requested to refund over VND240 billion (US$10.5 million) to clients. Nga alone has to compensate more than VND54 billion (US$2.3 million).
According to the court, there had been no competent agencies to assign Housing Group and HAIC Company as investors of the B5 Cau Dien housing project. The adjusted planning of the project had yet been approved and its construction had yet been licensed. Housing Group had not been permitted to mobilise capital paid in advance by those who wanted to buy apartments in the project.
However, Nga still instructed her eight subordinates to publicise false information about the legal situation and progress of the project, make a model of the project and plant poles at the site.
The court reduced punishment for Nga’s accomplices who faced the same charge, including former Deputy General Directors of Housing Group Nguyen Truong Son to five years and six months in prison and Le Hong Cuong to three years in jail.
Two former Directors of Housing Group Real Estate Trading Floor Nguyen Thi Tinh and Luu Thi Thuy were jailed for five years and six months, and 24 months respectively.
Former chief accountant of the firm Pham Thi Thu Hanh will spend 24 months in jail.
Nguyen Vu Hung, former Deputy General Director of Housing Group was granted a suspended sentence of 30 months. Meanwhile, Phan Thanh Tuyen, former Deputy General Director of Housing Group, and Doan Thanh Thuy, former acting chief accountant of Housing Group both got suspended sentences of 24 months.
Life sentence upheld for former leader of Housing Group
Tue, 17 Apr 2018 11:30:01 AM GMT + 7 
Print
Email
Share:
The High-Level People’s Court in Hanoi has maintained the life sentence given to Chau Thi Thu Nga, former National Assembly deputy and former Chairwoman and General Director of the Land and Housing Construction and Investment JSC (Housing Group), for swindling to appropriate assets at the B5 Cau Dien housing project.
- By : VNA/VOV
---------------------------------------------
Back
Up to topSame category News :
- Cost of flying set to rise as Vietnam hikes airport service fees
- Aquatic export may touch US$ 7.4 bln in 2017
- Get ready for the Hello Kitty Cafe Truck to hit Hanoi
- PM receives new UN Resident Coordinator in VN
- Vietnamese ambassador believes in thriving ties with US
- RoK becomes largest investor in VN
Other news :
- Vietnam forms emergency response teams as bird flu ravages China
- Prince William urges Vietnamese to protect wildlife in New Year video message
- Decree on casino business released
- Hanoi will not ask churches, temples to ring out to mark Tet: official
- Thai investor to develop solar power project in Quang Ngai
- One person, one car: Hanoi considers new traffic plan
Circular No 24/2015/TT-BTTTT on Regulations on management and use of Internet resources
-
Circular No 16/2015/TT-BTTTT detailing the implementation of Decree No. 187/2013/ND-CP of the ...
-
Circular No 11 /2015/TT-BTTTT regulating on Skill standard of professional information technology ...
-
Circular No 05/2015/TT-BTTTT providing guidance on procedures for the issuance of licenses to use ...
-
Circular 09/2015/TT-BTTTT on regulations on managing and organizing donation activity through ...
-
Circular No 07/2015/TT-BTTTT on telecommunications connection
Newsletter
