Nam Thinh Phat Company Joint Stock Company illegally imported used machinery and equipment

Nam Thinh Phat Company Joint Stock Company illegally imported used machinery and equipment. The company made 55 customs declarations but did not use the goods for their own production. Instead, they sold these items, valued at nearly VND 3 billion, and gained an illegal profit of about VND 58 million. The director, Nguyen Xuan Nam, received a 12-year prison sentence for smuggling. He confessed to making false import documents. While some individuals bought the goods, there was no evidence of their involvement in the smuggling operation. Customs officials were found to have followed regulations during inspections.

Nam Thinh Phat Company Joint Stock Company illegally imported used machinery and equipment. The company made 55 customs declarations but did not use the goods for their own production. Instead, they sold these items, valued at nearly VND 3 billion, and gained an illegal profit of about VND 58 million. The director, Nguyen Xuan Nam, received a 12-year prison sentence for smuggling. He confessed to making false import documents. While some individuals bought the goods, there was no evidence of their involvement in the smuggling operation. Customs officials were found to have followed regulations during inspections.

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