Nation Nguyen Kim exec faces global arrest warrant The Saigon Times Wednesday, Jan 13, 2021,15:43 (GMT+7) Nguyen Kim exec faces global arrest warrantThe Saigon Times Pham Nhat Vinh, general director of Nguyen Kim Co. The HCMC investigative police agency has issued an international arrest warrant for Pham Nhat Vinh – PHOTO: NLDO HCMC – The HCMC investigative police agency has issued an international arrest warrant for Pham Nhat Vinh, general director of Nguyen Kim Co., as he took flight after investigators completed a probe into violations at the South Saigon Development Corporation (SADECO) and Tan Thuan Industrial Promotion Co. Ltd. (IPC). Investigators proposed the Department of Foreign Relations under the Ministry of Public Security conduct certain procedures for the international arrest warrant, the local media reported. In addition, the municipal investigative police agency decided to suspend an investigation into Vinh until the accused is apprehended in line with regulations. Involved in a case with Tat Thanh Cang, Te Tri Dung and other accomplices, of which nine million SADECO shares had been sold to the Nguyen Kim Company without undergoing any bidding process as per regulations, causing huge losses for SADECO, Vinh was identified as a board member of SADECO. As such, Vinh allegedly violated… Read full this story
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