Former Ho Chi Minh City Party official gets 10 years for state asset mismanagement
The entire embezzled amount had been recovered
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The entire embezzled amount had been recovered
Tất Thành Cang, former vice secretary of HCM City’s Party Committee, is facing a potential jail term of 12 to 14 years for "violating regulations on the management and use of State assets, causing losses and wastefulness”, should he be found guilty.
Update: December, 17/2020 - 11:51 | Tất Thành Cang. — VNA/VNS Photo HCM CITY — The People’s Procuracy of HCM City on Wednesday commenced legal proceedings against Tất Thành Cang, former permanent vice secretary of the municipal Party Committee, to investigate alleged “violations of regulations on management and use of State assets, causing losses”. Cang was accused of being involved in several violations found at the State-owned real estate company, South Saigon Development JSC (Sadeco). Inspectors allege that in 2017 the Tân Thuá...