14.08.2020, 17:47

Deputy transport minister arrested over public assets management

Former deputy minister of Transport, Nguyen Hong Truong, has just been arrested for an investigation into his “violations in the use and management of public assets causing waste and losses”.

Deputy transport minister arrested over public assets management

A file photo of Nguyen Hong Truong.

The arrest was made on August 12 following the Ministry of Public Security’s investigation into several wrongdoings by some officials at the Ministry of Transport including appropriation of assets and violations in the use and management of public assets causing waste and losses in the bidding and toll collection of the Ho Chi Minh City-Trung Luong Expressway.


According to the Ministry of Public Security, besides Truong, three other former officials at the Ministry of Transport including former minister Dinh La Thang, deputy head of the ministry’s Department of Finance Nguyen Chi Thanh, and consultant of the ministry’s Department of Finance Le Trung Cuong were also arrested for their “violations in the use and management of public assets causing waste and losses”.

Nguyen Hong Truong, 62, who served as Deputy Minister of Transport from 2007 until he retired in 2017 and was last year dismissed as member of the ministry’s party committee for wrongdoings in the equitisation of state-owned firms, served as head of the bidding council at the HCMC-Trung Luong Expressway.

Dinh La Thang, 60, former Minister of Transport and chairman of the state-owned oil giant PetroVietnam, was found mainly responsible for the violations. He is currently serving a 13-year jail term given in January for economic management violations.