Asia-Pacific News
Vietnam police hunt finance official charged with fraud
Jan 30, 2012, 5:19 GMT
Hanoi - Hanoi police were seeking a fugitive former finance official for defrauding the public out of property worth millions of dollars, state media said Monday.
Tran Anh Tuan, 37, is also charged with abuse of power, state-run newspaper Tuoi Tre said.
Tuan allegedly received property worth 3.8 million dollars from several businesses and individuals in exchange for a promise to channel government funds for infrastructure projects.
The former deputy director public expenditure under the Ministry of Finance has been abroad since December, Viet Nam News reported.
Tuan is accused of university officials in the northern province that he could get millions of dollars from the government to expand the campus.
He is also said to have taken 70,000 dollars from the director of a company in Hai Phong in exchange for a promise that he could be a contractor to build the university. The project did not go ahead.
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