Phuc Son Group Joint Stock Company was involved in major legal violations related to accounting fraud, bidding manipulation, and bribery

Phuc Son Group Joint Stock Company was involved in major legal violations related to accounting fraud, bidding manipulation, and bribery. The company offered 5% of the contract value as bribes to secure project approvals and paid a total of VND 132 billion to several officials. It caused financial damage of VND 504 billion through accounting violations and VND 459 billion through irregularities in project bidding. The company also gained illicit profits by outsourcing construction work and demanding kickbacks from suppliers. Authorities prosecuted 41 individuals connected to the case and partially recovered the damages.

Phuc Son Group Joint Stock Company was involved in major legal violations related to accounting fraud, bidding manipulation, and bribery. The company offered 5% of the contract value as bribes to secure project approvals and paid a total of VND 132 billion to several officials. It caused financial damage of VND 504 billion through accounting violations and VND 459 billion through irregularities in project bidding. The company also gained illicit profits by outsourcing construction work and demanding kickbacks from suppliers. Authorities prosecuted 41 individuals connected to the case and partially recovered the damages.

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