Monday, July 13, 2015

Vietnamese dupe Nigerians of millions of dollars

The quest by some Nigerians to earn foreign exchange for the country by exporting goods to Vietnam has turned sour, as dubious Vietnamese have duped some of them of millions of dollars through fraudulent claims. 

The development is, therefore, threatening trade relationship between Nigeria and the Republic of Vietnam.
Investigation shows that dubious Vietnamese importers, cashing in on the long distance between the two nations, sometimes claim non-receipt of cargoes sent to them, cargoes being on demurrage, bribing Vietnamese police and Customs, alleging poor quality of products to either refuse to pay for goods or deduct substantial amount from funds they ought to remit to Nigerian exporters. 
As a result of the development, no fewer than 25 petitions against Vietnamese importers have been sent to the Vietnamese Embassy in Nigeria and the Nigerian Embassy in Hanoi by about 37 affected Nigerians.
Mostly affected are Nigerians exporting wood to the Asian country. A particular Vietnamese importer, Mr Cuong Tran Khac, owner of Truong Khac Lam Limited of 66, Group 4, Tan Phong Hamlet, Thuy Phuong Commune, Tu Liem District, Hanoi, Vietnam, has reportedly defrauded no fewer than 32 Nigerians in the process. For instance, after introducing his company as importer of wood to Peter and Grace Investments Limited, Lagos, signing a trade agreement to buy and after getting 11 containers of wood from Nigeria, Cuong became evasive.

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