More guilty pleas in the Nexus – Vietnam bribery case

A Philadelphia company and its executives being prosecuted for bribing officials of the government of the Socialist Republic of Vietnam have pleaded guilty, according to a press release by the U.S. Attorney’s Office here.

The pleas were entered on March 16 in the Eastern District of Pennsylvania federal court.

Pleading guilty to conspiracy and violations of the U.S. Foreign Corrupt Practices Act (FCPA) and other acts are the following:

* The company, Nexus Technologies, Inc., pleaded guilty to everything.

* Nam Nguyen, 54, the CEO, pleaded guilty to conspiracy, FCPA violations, the Travel Act violation, and money laundering.

* Kim Nguyen, 41, Nam’s sister, pleaded guilty to conspiracy, substantive FCPA violations, and money laundering.

* An Nguyen, 34, Nam and Kim’s brother, pleaded guilty to conspiracy, FCPA violations, the Travel Act violation, and money laundering.

Another company executive who’s not related with the rest of them, Joseph T. Lukas, had pleaded guilty last year to conspiracy and to violation of the FCPA (see here).

The list of bribe recipients, as alleged in court documents (read more here), are:  VietSov Petro, PetroVietnam Gas Company (in Vietnamese: Tập đoàn Dầu khí Quốc gia Việt Nam), Vung Tau Airport, Southern Flight Management Center, (in Vietnamese: Trung tâm Quản lý Bay Miền Nam) and a tourism and trading company that allegedly belongs the Ministry of Public Safety.

“In connection with the guilty pleas, Nexus and the Nguyens admitted that from 1999 to 2008 they agreed to pay, and knowingly paid, bribes in excess of $250,000 to Vietnamese government officials in exchange for contracts with the agencies and companies for which the bribe recipients worked. The defendants admitted that the bribes were falsely described as ‘commissions’ in the company’s records,” says the press release.

According to the U.S. Attorney’s office, Nam Nguyen negotiated the contracts and bribes with the Vietnamese government agencies and employees. Kim Nguyen, vice president of Nexus, oversaw the U.S. operations and handled company finances. An Nguyen identified U.S. vendors to supply the goods needed to fulfill the contracts.

Nam and An Nguyen face a maximum sentence of 35 years in prison, and Kim Nguyen faces as long as 30 years in prison, according to the statement.

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24 Responses to More guilty pleas in the Nexus – Vietnam bribery case

  1. Bo May says:

    It happens so often in business: Bribery, money laundering, power grabbing, money grabbing…
    And in politic: Gangster government, arrogant incumbent, delusion of grandeur, vote whoring, false promise, corruption, referential ethnic politic ….
    Some times they all melt together in a big mess, Texas chili pot style.

    It happens in Viet Nam, It happens in Texas, it happens in Orange county, it happens everywhere.

    Viet immigrant should really question themselves are all fake heritage, mixed up pride of culture are really worth to keep?

    Are those Viet pride only serving a few individuals in politics?

    They should be ashamed for all of those uniquely third world country mentality, they should get rid of them in order to move forward and assimilate them selves into the mainstream.

  2. june kim says:

    @Bo May
    YOU ARE FUCKING NUT!
    AND A FUCKING RACIST TOO!

  3. Jung Kim says:

    Bo May, you sound very depressing.

    There are plenty of good things being an Viet.

  4. Just Asnwering says:

    June,

    Bo May is deeply indulged in self hate.

  5. Bo May says:

    The truth hurts. I know.

  6. Kd says:

    Bo May, Right On!

    They don’t teach ethics, only bargaining. Mores——> Get some!

    http://www.yourdictionary.com/mores
    Money is everything, maybe not!

  7. Bo May says:

    Yes, More Mores= Less Moral.

    One thing the viet politicians lack is Moral.

    IZ van tran still a cult?

  8. Bo May Da Thug says:

    Bo May,

    The truth is ….. You are an idiot and a moron worthy of being an arse, Bo May.

  9. Bo May says:

    Nice language. You sound like Da Thug worthy of your name.

  10. Jung Kim says:

    Bo May is unhappy with his little weenie.

  11. Godmother says:

    Poor Bo May. Come here and get a little breast milk form your mother. You have been a bad boy lately. You need to be spanked and whipped and taped up.

  12. Bo May says:

    Jung Kim, Godmother;

    Nice verbal languages you guys are using which remind me those from Da Thug.

    I am very happy to know that all of the van-tran’s henchmen are having such elegant proses without any hate sentiments, no thuggish language and last but not least: Very peaceful attitude among you all.

    I would leave you guys’ trustworthy for the other bloggers to see and to the voters (the intelligent ones) to make the decision if they should vote for van tran or not…..

    NOT!

    Thanks again.

  13. Bo May says:

    I am not defending any races but so far we have a few politician s here on the blog to compare:

    US-Mexicano politicos: Loretta.

    US-Viet politicos: van tran, andy quach, tyler diep, janet, dina, andrew do, nick le cong, the list goes on…Any one can help me to back satbbing a few more dirty US-viet piliticos.

    I rest my case.

    …Sometimes it is better to lose and do the right thing than to win and do the wrong thing….

  14. Jung Kim says:

    Guru plan

    Assemblyman Van Tran = US Congressman

    Bolsavik = Supervisor

    Quang Pham = Assemblyman

    Tri Ta = State Senator

    Loretta Sanchez = Baby killer

    Loretta Sanchez = BAD/ Loser

  15. No more dirty politicians! says:

    godmotha, if that the same breast milk you’ve been feeding Van Tran all these years then STOP! we don’t need any more dirty politician like him running around in our community.

    It’s time for change! We need public servants, not dirty politicians!

    *** CECI IGLESIAS FOR CONGRESS 2010 ! ! !

  16. Bo May Da Thug says:

    Dirty,

    The only thing that is dirty is your underwear and Loretta’s bra. Get it?

  17. Bo May Da Thug says:

    Bo May,

    Yes, you need to rest. Rest in peace …. Because you have suffered so much now. Bastards like you should be pitied by all.

  18. Bo May Da Thug says:

    Why is Loretta Sanchez getting hyperventilated? Her slimy whores are out trying to defend her. What a loser.

  19. Bo May says:

    Da Thug:

    I am fine, thank you for your concern. On the other hand, it sounds like you are in pain from having suffered too much for the dilemma of protecting your cult leader. ….maybe, just may be you need a rest, instead?

    Just want to let you and jung kim know, chanting these obnoxious declarative statement about van tran already won the race is not working at all. The more you say it the more people got turned off and van tran will be the one who suffers by loosing votes.

    Voters are more sophisticated than you think. Don’t ever try to insult voters with those cheap propaganda materials, it is so funny.

  20. Bo May Da Thug says:

    Bo May,

    I am doing more than fine. I am enjoying The pain when you bark Bo May. Assemblyman Van Tran doesn’t need my help. He’s kicking ass right now.
    Lolita Loretta is the one hurting with you. Ha ha ha!!

  21. Just asking! says:

    You’re right pussy, Van’s kicking ass right now … his ass. Hahaha

  22. Bo May Da Thug says:

    Asking!

    You must know that Van Tran is kicking his ass right? Tran’s foot must have kicked Your face in since your head was in the way between Tran’s cracks. Ha ha ha!!

  23. Just asking! says:

    No stupid pussy, it’s was godmotha! He blamed her for being a Fraudster. Like he wasn’t spending any of those money that his wife cheated of the insurance company. What a laugh! Hahaha….

  24. Bo May says:

    Da Thug;
    Good, so we are all fine.
    Why do you think I am suffering too much to begin with anyway?
    It’s so funny.

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