
Binh Thuan Power Company committed serious violations in its bidding activities, causing a loss of nearly VND 50 billion to the state budget
Binh Thuan Power Company committed serious violations in its bidding activities, causing a loss of nearly VND 50 billion to the state budget. Two former directors received bribes in exchange for favoring a private enterprise in most contract awards. The bidding process lacked transparency, with deliberate leaks of internal documents and technical specifications designed to limit competition. Investigators concluded that the company had been systematically manipulated over an extended period.
Binh Thuan Power Company committed serious violations in its bidding activities, causing a loss of nearly VND 50 billion to the state budget. Two former directors received bribes in exchange for favoring a private enterprise in most contract awards. The bidding process lacked transparency, with deliberate leaks of internal documents and technical specifications designed to limit competition. Investigators concluded that the company had been systematically manipulated over an extended period.
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