Phat Dat One Member Limited Company was under investigation for accounting fraud and illegal mining

Share this on: Hanoi, Jun 14 2025 - 07:34 PM

Phat Dat One Member Limited Company was under investigation, with its director and accountant temporarily detained for "Violating accounting regulations causing serious consequences." The company is accused of mining minerals significantly beyond its licensed capacity (an estimated 305,372 m³ of raw stone compared to 30,000 m³/year), while dishonestly reporting and declaring its actual mining output. The enterprise is alleged to have falsified accounting documents, intentionally provided and confirmed false accounting information and data, causing billions of VND in damages to the state budget.


Phat Dat One Member Limited Company was under investigation, with its director and accountant temporarily detained for "Violating accounting regulations causing serious consequences." The company is accused of mining minerals significantly beyond its licensed capacity (an estimated 305,372 m³ of raw stone compared to 30,000 m³/year), while dishonestly reporting and declaring its actual mining output. The enterprise is alleged to have falsified accounting documents, intentionally provided and confirmed false accounting information and data, causing billions of VND in damages to the state budget.



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