[Vnbiz] Vietnam Airlines has been implicated in a money laundering racket

[Tran Dinh Hoanh]

Dear CACC,

Looks like Vietnam Airlines has been run by a bunch of abusers.  It is
being sued in Italy for millions of dollars. It is under investigation for
using public funds on "scholarship" for high-ranking officicials' family
members.  Its pilots and flight attendants have got busted often for illegal
money laundering or tariff-duty evasion.  And now this huge money laundering
scheme.

Wonder if the entire board of directors and board of management should be
asked to resign.

Wonder if there is any organization in Vietnam that is relatively clean?

Dear brothers and sisters, can we do something different?  Something more
upbeat and happy?  Do you know of any clean organization?  Tell us.  We want
to hear about them in this forum.  I want to see that there is any clean
organization out there.  Even if we can't be absolutely sure, at least
someone is believing in some organization.  So if you feel that your
oganization or some oganization is clean, can you send its name to the
forum.  So that we all can read some good news.

Thanks a million.  Have a geat day!

Hoanh
___________

On 10/10/06, Phan, Tai <Tai.Phan at ed.gov> wrote:
>
>
> [Vietnam Business Forum]
>
>
>
>
> Vietnam Airlines has been implicated in a money laundering racket.
> Monday, October 9, 2006. 9:45pm (AEST)
>
> Australian Broadcasting Co. News Online
>
> Vietnam Airlines implicated in $93m money laundering racket
> Vietnam Airlines has been implicated in a $93 million money laundering
> racket smashed by the Australian Crime Commission last week.
>
> Brother and sister Phat and Hang Huynh from Avondale Heights have appeared
> in the Melbourne Magistrates Court charged with laundering money for
> organised crime syndicates in Melbourne and Sydney.
>
> They were among nine people arrested during last week's raids on
> Vietnamese communities in the two cities.
>
> The court heard Phat and Hang Huynh helped launder more than $93 million
> at their Vietnamese money transfer businesses in Footscray, St Albans,
> Bankstown and Cabramatta.
>
> They are alleged to have fled to Vietnam in June after hearing a Vietnam
> Airlines pilot had been arrested for his role in the racket.
>
> The court was told the airline has ferried more than $10.5 million
> overseas since July last year.
>
> The Huynhs will reappear in July.
> ______________________________





-- 
> Tran Dinh Hoanh, LLB, JD
> Attorney of Law
> Washington DC
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