Thursday, September 24 2020

VietNamNews

Former minister of industry and trade prosecuted for causing huge loss

Update: September, 15/2020 - 14:24
Former Minister of Industry and Trade Vũ Huy Hoàng. — VNA/VNS Photo

HÀ NỘI — The Supreme People’s Procuracy on Monday issued an indictment to prosecute former Minister of Industry and Trade Vũ Huy Hoàng and his accomplices for their involvement in a violation case related to the land plot at 2-4-6 Hai Bà Trưng Street in HCM City.

Former Director of the Ministry of Industry and Trade (MoIT)’s Light Industry Department Phan Chí Dũng, Former Vice Chairman of the HCM City People’s Committee Nguyễn Hữu Tín, former Director of the municipal Department of Natural Resources and Environment Đào Anh Kiệt, and six others will also face prosecution.

This is the latest developments in the case of “violating regulations on the management and use of State assets, causing losses and wastefulness” and “violating regulations on land management” which occurred at the MoIT and in HCM City and were related to the construction of a six-star hotel and trade and convention centre on the 6,000sq.m land plot. 

Hoàng and his accomplices intentionally violated regulations on the management and use of State assets and land management by shifting the right of management and use of the land plot at 2-4-6 Hai Bà Trưng Street from the State to a private company, causing a huge loss of over VNĐ2.7 trillion (US$116.5 million). — VNS

 

  • Tags:

Send Us Your Comments:

See also: