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Update news MobiFone-AVG deal
The Hanoi People’s Court decided on November 19 to open a first instance trial on the case of the MobiFone’s purchase of 95 percent of shares of the Audio Visual Global JSC (AVG) on December 16.
Law enforcement agencies have so far collected a whopping VND8.845 trillion (US$382 million) to recover losses from a murky share acquisition between State-run MobiFone Telecommunications Corporation and a private pay TV provider.
The Supreme People’s Procuracy on October 19 notified the prosecution of two former ministers of information and communications (MIC) – Nguyen Bac Son and Truong Minh Tuan, along with 12 other defendants.