Audio: The inner workings of the money flow in the "golden land" deal at 39-39B Ben Van Don.

In the case that occurred at 39-39B Ben Van Don Street, Xom Chieu Ward, Ho Chi Minh City, the Police Investigation Agency of the Ministry of Public Security has proposed prosecuting 22 defendants on charges of "Giving bribes," "Receiving bribes," "Violating regulations on the management and use of state assets causing loss and waste," "Abusing position and power while performing official duties," and "Lack of responsibility causing serious consequences."

According to the investigation's conclusions, the land plot at 39-39B Ben Van Don is state property and must be handled and reorganized according to Decision No. 09/2007/QD-TTg. However, the defendant Le Quang Thung, former acting Chairman of the Board of Directors of the Vietnam Rubber Industry Group (abbreviated as Rubber Group), did not implement the reorganization plan.

In late 2009, Le Quang Thung proactively negotiated and agreed with defendants Le Y Linh, former Director of Viet Tin Company, and Dang Phuoc Dua, former Chairman of the Board of Directors of Viet Tin Company, on selling the land plot at a price of 1,200 USD/m2 through the transfer of capital in Phu Viet Tin Company.

According to the agreement, the defendant Linh had to pay back the Rubber Corporation 3 million USD, of which 1.2 million USD was given specifically to Thung.

To implement the agreement, Thung instructed his subordinates to sign the procedures to establish Phu Viet Tin Company and requested the Ho Chi Minh City People's Committee to reclaim the land to hand it over to Phu Viet Tin Company. All the company's seals and legal documents were handed over to Linh and Dua for management.

After obtaining the necessary permits, on January 27, 2010, Thung instructed his subordinates to sign a proposal to transfer 99% of the capital contribution in Phu Viet Tin Company to Retro Harvest Finance Company of Le Y Linh for a value of over 7.1 million USD.

Subsequently, Nguyen Thanh Chau, former Chairman of the Board of Directors of Dong Nai Rubber Company, and Nguyen Cong Tai, former Chairman of the Board of Directors of Ba Ria Rubber Company, signed a contract to transfer 80% of the capital contribution, and falsely confirmed receiving the full amount of over 5.8 million USD (in reality, no money was transferred) so that the Ho Chi Minh City Department of Planning and Investment could issue an amended business registration certificate for Retro Harvest Finance Company to hold 80% of the charter capital of Phu Viet Tin Company.

Around the end of 2011, as Le Quang Thung was preparing to retire, Le Y Linh prepared $300,000 in an orange Hermes paper bag. Afterward, Linh and Dua invited Thung to dinner at a restaurant on Le Duan Street, in the former District 1 of Ho Chi Minh City, to thank him for directing the sale of 99% of the capital contribution in Phu Viet Tin Company.

Around November 2013, defendant Nguyen Thi Nhu Loan, former Chairwoman of Quoc Cuong Gia Lai Company, learned that Linh and Dua wanted to sell the project, so she investigated. Subsequently, Loan negotiated with Linh and Dua to buy the project and agreed that Linh would authorize Dua to sign a "promise to sell contract" for 460 billion VND (including land use fees).

Because they needed money for diplomatic expenses for the Rubber Corporation to continue purchasing the land, Linh and Dua received advances from the defendant Loan. Subsequently, from December 13, 2013 to January 22, 2014, Linh and Dua withdrew 45 billion VND in four installments and gave the money to Dua.

At the end of January 2014, Dừa took 20 billion VND, put it into four empty Glenfarclas whiskey crates, loaded them onto a car, brought them to the office of Trần Ngọc Thuận, former General Director of the Rubber Group, and gave them to Thuận.

On August 6th and 8th, 2014, Linh and Dừa signed a contract transferring 99% of their capital contribution in Phu Viet Tin Company to the defendant Loan for over 271 billion VND (excluding land use fees). "After deducting the over 114 billion VND payable to the Vietnam Rubber Group, defendants Linh and Dừa benefited by over 157 billion VND," the investigating agency alleged.

After the transfer was completed, Dừa took 25 billion VND, in 500,000 VND banknotes, packed them into two black suitcases, and arranged to meet Trần Ngọc Thuận at his private residence.

At around 9 PM, Dừa arrived at Thuận's house and gave him these two suitcases of money.

After receiving a total of 45 billion VND from Dua, Thuan gave 7.5 billion VND to three individuals at the Rubber Group: Vo Sy Luc, Chairman of the Board of Directors; Tran Thoai, member of the Board of Directors and Deputy General Director; and Pham Van Thanh, Head of the Planning and Investment Department, each receiving 2.5 billion VND. Thuan used the remaining 37.5 billion VND for personal purposes.

According to the investigation's conclusions, before acquiring 100% of the capital contribution in Phu Viet Tin Company, the defendant Loan signed an investment agreement and made a deposit with Mr. Bui Cao Nhat Quan, Chairman of the Board of Directors of Thinh Vuong Real Estate Joint Stock Company (a subsidiary of Novaland Group), committing to transfer 100% of the capital contribution in Phu Viet Tin Company to receive over 846 billion VND. After deducting expenses, the defendant Loan profited over 297 billion VND.

Source: https://nld.com.vn/audio-duong-di-long-cua-dong-tien-thuong-vu-dat-vang-39-39b-ben-van-don-196251217100000368.htm