Monday, December 5 2016

VietNamNews

Inspectors discover violations with losses totalling US$4.3 trillion

Update: January, 05/2016 - 17:34
Inspectors discovered violations resulting in losses of VND97.4 trillion (US$4.3 trillion) and more than 16,400ha of land last year. — Photo tinnhanhchungkhoan.vn

HA NOI (VNS) — Inspectors conducted more than 6,500 administrative inspections and more than 243,600 regular inspections in different sectors last year.

These results were declared at a conference this morning, attended by Deputy Prime Minister Nguyen Xuan Phuc.

The inspection authorities checked the implementation of laws in several corporations and examined the re-organisation and privatisation process of several enterprises.

They also evaluated construction investment projects, land and mineral management, and the management and use of construction investment funds.

Inspectors discovered violations resulting in losses of VND97.4 trillion (US$4.3 trillion) and more than 16,400ha of land.

The authorities reclaimed VND16.2 trillion ($721 million) and 316ha of land, delivering it to the state budget.

The officials issued more than 161,600 administrative penalties to organisations and individuals, amounting to VND11.4 trillion ($509.3 million).

The inspectors forwarded 67 cases involving 74 people to the criminal investigation authority.

It also transferred 40 cases involving 133 people to the concerned departments to initiate legal proceedings. — VNS

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