Nguyen Thi Thanh Nhan, the chairwoman of Advanced International Joint Stock Company (AIC), was sentenced to a 30-year term earlier this year. Both verdicts were given in her absence since she had absconded.
The individual has been convicted of collaborating with government officials in a conspiracy to falsify tender documents related to the procurement of medical equipment for a public hospital situated in the northern Quang Ninh Province.
Fifteen individuals, including a number of former executives of the AIC (name) who are currently in hiding, have been given sentences ranging from 30 months' probation to eight and a half years' imprisonment by the Quang Ninh People's Court.
Earlier this year, Nhan, aged 54, received a 14-year prison sentence for "committing severe consequences through the violation of regulations governing bidding" and an additional 16 years for accepting bribes in connection with equipment procurement at a hospital situated in the southern Dong Nai Province.
Nhan and her colleagues were recently convicted by the Hanoi People's Court for their involvement in a bribery scheme. Over the course of seven years, from 2008 to 2015, they were found guilty of paying bribes amounting to VND43.8 billion (equivalent to US$1.77 million) to various officials in Dong Nai. These illicit payments were made with the intention of securing contracts to supply equipment to the Dong Nai General Hospital.
According to the laws of Vietnam, an individual who receives multiple sentences, excluding a life sentence, can be incarcerated for a maximum period of 30 years.
Nhan is currently being investigated for alleged bidding violations associated with the HCMC Biotechnology Center.
In 2012, AIC Group stood as one of Vietnam's prominent enterprises, ranking among the top 500. With an impressive annual revenue of approximately VND10 trillion (equivalent to US$406.75 million), the company has established its presence in diverse sectors such as healthcare, education, and real estate.