business scandals

Update news business scandals

David Riddle appointed Tan Hiep Phat CEO

According to a statement released on April 11 by Tan Hiep Phat, David Riddle has been appointed CEO and legal representative of the beverage corporation.

Beverage tycoon, daughters prosecuted for asset misappropriation fraud

Tran Qui Thanh, the Chairman of Vietnam’s largest private beverage company Tan Hiep Phat, along with one of his daughter Tran Uyen Phuong, have been arrested in the southern province of Binh Duong on Monday.

Over 500 individuals implicated in vehicle registration irregularities

Charges have been filed against 506 suspects for their alleged involvement in irregularities at multiple auto registration and inspection centers in the country, the Ministry of Public Security (MPS) said at a Government press conference.

Appeals trial of chairman of Alibaba real estate scam delayed until May

The HCM City People’s Court has decided to delay the appeals trial of Alibaba Company owners and employees who were earlier found guilty of property fraud and money laundering.

Military inspectors deployed to support understaffed vehicle registration centres

Understaffed vehicle registration centres in Hanoi and HCM City have received support from the military as they struggle to cope with the surge in demand caused by the closure of several centres for investigation in recent few months.

Defense Ministry’s help sought to deal with vehicle inspection overloads

The Ministry of Transport has asked the Ministry of National Defense for help to cope with excessive workloads at automobile registration and inspection centers, especially those in Hanoi and HCMC.

Traffic police mobilized to alleviate overcrowding at Hanoi vehicle registries

Recent arrests of registrars have clogged registration centers, leaving them without workers to carry out their duties.

Many retired registrars agree to return to work amid shortage

As a number of registration centers have been closed to serve the investigation of registrars taking bribes, the remaining centers have become overloaded and vehicles cannot be registered as scheduled.

Over 260,000 cars unable to have vehicle registration renewed in March, April

According to the Vietnam Register, more than 350,000 cars with a date of expiry are unable to have their vehicle registration renewed in March and April.

Illegal registration activities could be prevented with technological solutions

The newly discovered scandals in registration activities show that solutions are needed to supervise the inspection process to ensure integrity in implementation.

About 22 percent registration centers in Vietnam halt operation

The Vietnam Register on March 6 said that 61 out of 281 automobile registration centers in the country have suspended their operation owing to violations.

HCM City police search F88 headquarters

The Criminal Police Department has teamed up with the police of Go Vap District, HCMC to search the headquarters of personal financial service provider F88 on Nguyen Oanh Street in the district over extortion allegations.

Critical shortage of vehicle inspectors threaten disruptions

Even inspectors that were subjected to legal proceedings but have not yet been detained are still going to work.

Former vice chairman of Sacombank Tram Be released from jail

Tram Be, former vice board chairman at the Saigon Thuong Tin Commercial JSC (Sacombank), was freed from prison on February 10, having served his seven-year sentence.

Violations at registration centres an organised corruption case: ministry spokesman

Violations at vehicle registration centres have signalled an organised corruption case, causing severe losses to the society, said Lieut. Gen. To An Xo, spokesman of the Ministry of Public Security on February 2.

Irregularities found in vehicle registration system

Registry centers have been found impersonating real registrars, forging signatures, hiring unqualified registrars, and ignoring vehicle errors.

Ministry of Public Security investigates 89 cases of overpriced procurement bid packages

The Ministry of Public Security (MPS) is investigating 89 cases of overpriced procurement bid packages relating to COVID-19 control in Hanoi.

Vehicle inspection centers overloaded

Many vehicle registration centers have become overloaded, and several centers have been closed for investigation.

Transport ministry proposes re-opening suspended auto testing centers

The Ministry of Transport has proposed re-opening some of the auto registration and inspection centers which have been suspended due to bribery allegations.

11 vehicle inspection centers in Hanoi closed

According to the Vietnam Register, 33 vehicle inspection centers in 13 provinces and cities, including 11 centers in Hanoi, have been temporarily closed.