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Former Leader of Vietnam Steel Corporation Approves $160 Million Contract, Causing Losses of over 532 Billion VND.
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According to the supplementary investigation findings, the selection of contractors, negotiation, and approval of the $160 million EPC contract for the Lao Cai Iron and Steel Plant project involved numerous irregularities, causing losses exceeding 532 billion VND. Of this, the reassessed losses related to state capital amounted to over 241 billion VND.
·Ho Chi Minh City, Viet Nam
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