Phucson Group Joint Stock Company Chairman and associates received sentences in corruption case

Phucson Group Joint Stock Company's former chairman and 40 associates received their sentences in a major corruption case. The former chairman, facing charges including bribery and bidding violations, was sentenced to 30 years in prison. The court noted that the total damages in the case had been fully compensated by the defendants, including VND 768 billion from Phuc Son Group's former chairman. The former chairman admitted to bribing local officials with over VND 132 billion to secure project contracts. The total illicit gains from bidding violations and undeclared revenue exceeded VND 504 billion, causing nearly VND 460 billion in damages.

Phucson Group Joint Stock Company's former chairman and 40 associates received their sentences in a major corruption case. The former chairman, facing charges including bribery and bidding violations, was sentenced to 30 years in prison. The court noted that the total damages in the case had been fully compensated by the defendants, including VND 768 billion from Phuc Son Group's former chairman. The former chairman admitted to bribing local officials with over VND 132 billion to secure project contracts. The total illicit gains from bidding violations and undeclared revenue exceeded VND 504 billion, causing nearly VND 460 billion in damages.

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