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Arresting Cuong 'quat', investigating the act of extorting billions of dong from businesses

Báo Thanh niênBáo Thanh niên17/05/2023


On the afternoon of May 17, information from the Ministry of Public Security said that Thai Binh Provincial Police had just issued a decision to prosecute the case, prosecute the accused and temporarily detain Cuong "quat" (aka Pham Minh Cuong, 37 years old, residing in Thuy Xuan commune, Thai Thuy district, Thai Binh province) for the crime of "extortion of property", stipulated in Article 170 of the Penal Code.

Bắt Cường ‘quắt’ Thái Bình cưỡng đoạt hàng tỉ đồng của nhiều doanh nghiệp - Ảnh 1.

Defendant Pham Minh Cuong

According to the Ministry of Public Security , the above decisions and prosecution orders have been executed after approval by the People's Procuracy at the same level.

According to initial investigation documents, when he learned that some businesses were licensed by the People's Committee of Thai Binh province to exploit sand at the coastal sand mine in Thuy Truong commune (Thai Thuy district), Cuong "quat" and his accomplices arbitrarily established illegal rights to use the tidal flats to put pressure on the businesses, forcing them to reluctantly pay according to the volume of sand exploited or sell a part back to Cuong at a price cheaper than the market price.

With this trick, from 2020 to 2022, Cuong and his accomplices appropriated billions of dong from businesses.

According to the police, this is an especially serious case, Cuong "quat" has appropriated a large amount of money, causing outrage among the people; infringing on the legitimate rights and interests of businesses and seriously affecting the investment environment of the province.

Thai Binh Provincial Police are expanding the investigation into the case, especially focusing on clarifying the subjects who assisted and assisted Cuong "quat" to handle according to regulations.

Quick view 8pm: Panoramic news on May 17



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