Te Tri Dung known as a businessman with many outstanding achievements in Vietnam. However, in recent times, he has been charged with three counts of embezzlement and property loss. Right in the following article, Entrepreneur Online will introduce to you who Mr. Te Tri Dung is, as well as his personal life and career.
Who is Te Tri Dung?
Te Tri Dung was a candidate for the City People’s Council Deputies. Ho Chi Minh, class IX. It is known that he used to work at Ho Chi Minh City Petroleum Company. Ho Chi Minh City for 3 years, used to be the leader of Ben Thanh Company for 8 years, later Mr. Dung became General Director of Tan Thuan Company.
On May 14, 2019, Mr. Dung was arrested by the City Police. HCM City prosecuted for three crimes, which are violations of regulations on management and use of property, causing waste and loss to the State and embezzlement of property.
Biographical information about Mr. Te Tri Dung
What year was Mr. Dung born?
Mr. Dung was born on August 14, 1981, as of 2022 he is 41 years old. He held the position of Head of Marketing Department of Sales Department when he was only 22 years old. From August 2003 to October 2007, he held the position of Standing Deputy Secretary of Ho Chi Minh Communist Youth Union of Ho Chi Minh City Petroleum Company. Ho Chi Minh City
For young people at the age of 22 who have just graduated from university, they have to run around to find a stable job. With the positions that Mr. Dung holds, it is the dream of many people.
Where is Mr. Dung from?
He was born as a native of the city. Ho Chi Minh City, permanent residence at address 56 Dinh Cong Avoid, Ward Tan Dinh, District 1, City. Ho Chi Minh. Mr. Dung’s career path accelerated like a kite when he was involved in the city’s 300 doctoral – master’s training program in Australia.
What position does Mr. Dung currently hold?
- Hiep Phuoc Industrial Park Joint Stock Company (HPI) – Chairman of the Board of Directors
- TT Saigon Container Terminal Company (SPCT) – Vice Chairman of the Board of Directors
- Saigon Post and Telecommunications Service Joint Stock Company (SPT) – Member of the Board of Directors
- Tan Thuan Industrial Development Company Limited (TTIPC) – Member of the Board of Directors, General Director
- Saigon – Mui Ne Hotel Tourism Joint Stock Company – Member of the Board of Directors
- Ben Thanh Norfolk Hotel Company Limited – Member of the Board of Directors
Mr. Dung’s education level
Grandfather Te Tri Dung Graduated from University of Economics Ho Chi Minh City. Ho Chi Minh holds a bachelor’s degree in Economics. Besides, he studied abroad at La trobe Me University – Australia, mastered in Business Administration under the program of the City People’s Committee.
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The career and working history of Mr. Te Tri Dung
- From August 2003 to September 2007, Mr. Dung held the position of Head of Marketing Department – Sales Department at Ho Chi Minh City Oil Company. At the same time, he holds the position of Standing Deputy Secretary of the Ho Chi Minh Communist Youth Union of the company.
- From October 2007 to December 2010, Te Tri Dung worked at Ben Thanh Corporation with the following roles: Party member of Ben Thanh Corporation (August 2010). Head of Finance (June 2009). Deputy Head of Finance – Accounting (October 2007)
- From January 2011 to September 2014, Mr. Dung Deputy General Director cum member of the Executive Board of the Party Committee of Ben Thanh Corporation.
- From October 2014 to April 2015, he held the position of Member of the Board of Directors, Deputy Secretary of the Party Committee and General Director of Ben Thanh Corporation.
- From May 2015 to present, Mr. Dung holds the position of General Director, Deputy Secretary of the Party Committee, Member of the Board of Directors of Tan Thuan Industrial Development Company Limited (IPC) at the age of 34. This is a state-owned enterprise under the management of Tan Thuan Industrial Corporation (IPC). owns 100% of the charter capital of the City People’s Committee. Ho Chi Minh.
- In addition, from September 12, 2016 to February 27, 2017, Mr. Dung also held the position of Member of the Board of Directors in charge of the Board of Directors of IPC. By the end of 2017, parent IPC had total assets of VND 5,637.4 billion. Thus, at the age of 34, Mr. Dung managed a state-owned enterprise with a capital of nearly 6,000 billion VND.
What was the reason for Mr. Te Tri Dung’s arrest?
Cheating to travel abroad
Grandfather Te Tri Dung At the age of 34, he held the position of General Director of IPC. He is the person holding the right to operate a state-owned company that owns 100% of the charter capital of the People’s Committee of Ho Chi Minh City. Besides, Mr. Dung also holds control and dominates a number of affiliates, joint ventures and subsidiaries of IPC.
However, during Mr. Dung’s short time in power, the IPC has committed a series of serious violations such as disregarding the law, discipline and especially showing signs of group interests. At the same time, it also causes violations in embezzlement of state property; throw money out the window; “enchanting” to increase the volume, …
In October 2018, the City Police. Ho Chi Minh City has issued a decision to inspect the production and business activities of IPC – Tan Thuan Company. Accordingly, there are quite a few company leaders who perform work in contravention of regulations.
For example, Mr Te Tri Dung – General Director of the company – 106 days within 2 years. Accordingly, in 2016 Mr. Dung went abroad for 46 days and in 2017 increased to 60 days, including an 18-day trip to Europe.
The city police confirmed that IPC managers, especially Mr. Dung, go abroad for many days, accounting for a large proportion of the working days of the whole year. In addition, those traveling on business trips have not been reported and approved by competent authorities. In addition, business trips abroad have so far not yielded results, the state’s money is being wasted.
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Prosecution of three crimes
On May 14, the Investigative Police Agency (Ho Chi Minh City Police) issued a decision to prosecute the accused and detained Mr. Dung, former General Director of Tan Thuan Company (IPC). On the same day, the Investigative Police Agency executed a search warrant for suspect Dung’s residence in My Hung Urban Area (District 7, Ho Chi Minh City) and seized many documents and information related to the case.
Accordingly, Mr. Dung was prosecuted for 3 crimes:
The first case
Mr. Dung and related people were prosecuted by the City Police for the crime of “violating regulations on the use and management of state assets, causing waste and loss”. When selling 9 million shares of Saigon South Development Joint Stock Company – Sadeco at a cheap price to Nguyen Kim Company. Recently, the City People’s Court. Ho Chi Minh sentenced Mr. Dung to 19 years in prison for the above crime.
Mr. Dung and others were also prosecuted for the crime of “violating regulations on management and use of state property”. When selling cheaply the land plots in the An Phu Tay settlement project located in An Phu Tay commune, Binh Chanh district, Ho Chi Minh City. HCM. Currently, this case has just been prosecuted by the Criminal Investigation Agency and is continuing to expand the scope of investigation.
The third case
Grandfather Te Tri Dung was also prosecuted for the crime of “embezzlement of property” when embezzling remuneration paid to members of the Board of Directors of Sepzone Linh Trung Joint Venture Company, representing the state capital. Accordingly, Mr. Dung was charged with embezzlement of more than 5,000 US dollars and 114 million dong.
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