At the court

Accordingly, former Chairman of the Da Nang People’sCommittee Tran Van Minh faced 12 years in prison for violating regulations on managing and using State assets,causing losses and wastefulness, and five years for violating land managementregulations. 

Another former Chairman of the committee, Van Huu Chien, wassentenced to 12 years in prison on the same charges.

Phan Van Anh Vu, former Chairman of the 79 Construction JSC and Bac Nam 79 JSC, received a30-year imprisonment sentence.

According to the indictment, Minh and Chien held key leading positions of Da Nang city andwere in charge of State property management, use and land management.

The two defendants violated laws and orderedtheir staff to complete procedures of selling State-owned buildings andillegally transferring land lots to Vu. These actions were “repeated for manytimes in a long period”.
 
With the help of the two former chairmen andother leading officials who signed and followed the orders, Vu was able toacquire various State-owned buildings and land lots located in prime locationsat a much lower price or without auction from 2006 to 2014.

Their actions caused losses of more than 22trillion VND (947.5 million USD) to the State.

Between 2002 and 2017, Vu used his own nameand those of his relatives to establish, contribute capital to and directlymanage five real estate companies, aiming to purchase many property projects aswell as public houses and land lots in Da Nang without auctions, at prices lowerthan those set by the municipal People’s Committee, personally pocketing aspecially huge amount of money./. VNA