Pham Van Tam believes his sentence of 4 years 6 months in prison and a 2 billion VND fine for smuggling and tax evasion is excessive, prompting him to appeal for a reduced penalty.
Pham Van Tam has been sentenced to 4 years and 6 months in prison and fined 2 billion VND for smuggling electronics and assembling imported parts into finished products without issuing invoices.
Le Thi Thanh Thuy, director of Binh Minh company, the operator of Dong Huong wholesale market, has been arrested for allegedly evading over 11 billion VND in taxes.
Pham Van Tam is accused of importing electronics through two companies without truthfully declaring their origin. He also allegedly assembled products from purchased components and sold them without issuing invoices.
Following accusations of bribery and accounting violations, notorious gangster Nguyen Van Vi, also known as Vi "Ngo", has been charged with tax evasion.
