Vietnamese market watchdog officers charged in illegal trading of luxury vehicles

By Thai Son, Thanh Nien News

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Vietnamese prosecutors said Wednesday they have officially pressed charges against eight people, including six market management officers, for involving in the trading of 85 illegal motorcycles. 
Among the eight is Huynh Van Xuan, the director of a private motorcycle company in Ho Chi Minh City. He was charged with “offering bribes.” 
Six officers of the market management agency in the northern province of Hai Duong were charged with “receiving bribes” and “abuse of power.” 
According to the prosecutors, between July 2007 and April 2008, Xuan offered bribes worth more than VND2 billion (US$93,660) to the officers, with the help of a middlewoman.  
In return, they seized unlicensed motorcycles in the province and resold them to Xuan’s company at very low prices, with new licenses. 
Prosecutors said 85 motorcycles, many of which were luxury vehicles, had been illegally sold by these officers to the company for a total of VND278 million ($13,018).
Xuan then retouched the bikes and sold them to his customers at prices ranging from VND48 million ($2,247) to VND645 million ($30,205) each. 

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