Interpol hunts former executives of Vietnam ship-building corporation

Interpol has issued a global search warrant for two former officials of Vietnam’s troubled state-owned shipbuilder, state media said Sunday.
The wanted pair are Ho Ngoc Tung, former chief finance officer of Vinashin (Vietnam Shipbuilding Industry Group) and Giang Kim Dat, former business manager of a Vinashin subsidiary, Tuoi Tre newspaper reported.

The two men are among 10 officials under investigation over the group’s debts, which amounted to at least 80 trillion dong (4.3 billion dollars). The other eight are in police custody.

Giang and Tung went abroad before cases involving them were prosecuted in August 2010 by the Ministry of Public Security. Tung went to Australia for medical treatment and has not returned to Vietnam since, the paper reported.

The warrants were issued at Vietnam’s request.

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Interpol hunts former executives of Vietnam’s troubled shipbuilding corp.