Saturday, January 22, 2011

Woman gets life for selling state-owned $13 mln mansion

A Hanoi court Tuesday sentenced a woman to life imprisonment for selling a state-managed house for over a US$13 million.

Dinh Thi Hai, 55, of Hai Ba Trung Ward, Ha Noi, was also ordered to pay a VND11 billion in compensation to her victims.

As indicted, the house located at 36B Tran Hung dao, Hoan Kiem ward previously belonged to Hai’s aunt and her French husband Moukarabekhan.

After they migrated for France in 1954 and left the house unattended, the mansion was transferred to the state for management under the then regulation.

To facilitate the sale, Hai had faked documents including authorization and transfer papers, land lot survey map, and clearance announcements.

She succeeded in cheating some into purchasing the house for $13.2 million. From June 2007 to March 2008, they transferred Hai $1 million and VND200 million.

After no progress was made, the gullible customers became suspicious and informed the police.

But Hai only returned VND5 billion.

Meanwhile, the house has been marked to be cleared for a new facility for the State Treasury.

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