Wednesday, October 18 2017

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Deputy Minister of Industry and Trade tenders resignation letter

Update: August, 02/2017 - 17:24
Deputy Minister of Industry and Trade Hồ Thị Kim Thoa has submitted a letter of resignation to the ministry leaders. — Photo vietnamplus.vn
Viet Nam News

HÀNỘI – Deputy Minister of Industry and Trade Hồ Thị Kim Thoa has submitted a letter of resignation to the ministry leaders.

This was confirmed by Đỗ Thắng Hải, deputy minister and spokesman for the Ministry of Industry and Trade (MoIT), to online newspaper vietnamplus.vn.

She also applied for vacation leave from August 1.

Deputy Minister Đỗ Thắng Hải was temporarily given charge of the management areas under Thoa’s responsibility.

As Thoa is a high ranking official, it is up to the Party Central Committee to decide whether or not to accept her resignation, leaders of the MoIT said.

Earlier, on Monday, the Party Central Committee’s Inspection Commission issued a warning to Thoa for “serious violations” when she was head of the Điện Quang Lamp Company.

The commission also proposed Thoa be stripped of all current positions.

Her violations had earlier been pointed out during a commission meeting late in June.

The commission said while holding the position of Party Committee secretary and director of former State-owned Điện Quang Lamp Company (later Điện Quang Lamp Joint Stock Company) from January 2004 to May 2010, Thoa violated regulations and procedures on business equitisation, and wrongly handled loan interest exempted by banks worth VNĐ6.7 billion (US$298,000).

She also violated State regulations on land management when the company signed a contract with another company to invest in land on No. 12, Tôn Đản Street, HCM City. Further, she failed to properly handle revenue of VNĐ30 billion ($1.3 million) from transferring rights to exploit land.

In the third violation, Thoa brought more shares than permissible and her transfer of shares violated the company’s regulations. — VNS

 

 

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