Nguyen Nhat, former Chairman of People’s Committee of Ha Tinh province, has been appointed as the new director of the Vietnam Maritime Administration, the Ministry of Transports has just announced.

The 52-year-old Nhat, who has an economics PhD, officially took on the new role on September 28.

The erstwhile director Duong Chi Dung, who had been wanted internationally four months ago following his alleged economic offenses when he was board chairman of the state-owned Vietnam National Shipping Lines (Vinalines) corporation, was arrested early this month in a Southeast Asian country, according to a statement by the Ministry of Public Security.

The Interpol documents have shown that Dung “intentionally flouted state regulations on economic management, leading to serious consequences” when selecting bidders to provide a floating dock worth millions of dollars for Vinalines during his term at the corporation.