On August 5, at the regular Government press conference,
“There are signs that Ms. Loan colluded with Le Y Linh, Chairman of Retro Harvest Finance LLC, Dang Phuoc Dua, former Chairman of Viet Tin Commercial Investment JSC, and individuals from the Vietnam Rubber Group, Dong Nai Rubber Company, and Ba Ria Rubber Company. They signed agreements and cooperation deals to invest and transfer capital contributions, allowing Quoc Cuong Gia Lai to acquire 100% capital at the land plot without a public auction, which is against the law. This caused hundreds of billions of dong in losses to the State,” said
The spokesperson also shared that, so far, the Investigation Police Agency of the Ministry of Public Security has prosecuted 17 defendants. The accused were charged with “Violation of regulations on the management and use of state assets, causing losses and waste; Receiving bribes; and Abuse of position and power while performing official duties.”
According to the spokesperson, the Investigation Police Agency is currently consolidating documents and evidence regarding the violations of the prosecuted defendants. At the same time, they are expanding the investigation, applying measures according to the law to thoroughly recover state assets.
Regarding the case at Thai Duong Group Joint Stock Company and related units,
The defendants were charged with “Violation of regulations on research, exploration, and exploitation of resources; Violation of accounting regulations causing serious consequences; Smuggling; Consumption of property obtained by others through the commission of a crime; and Violation of regulations on the management and use of state assets, causing losses and waste.”
Regarding the violations of Mr. Nguyen Linh Ngoc, former Deputy Minister of Natural Resources and Environment,
“Mr. Nguyen Linh Ngoc, despite knowing that Thai Duong Group Joint Stock Company did not meet the conditions for licensing, still assessed that they met the requirements and proposed and signed the issuance of a mineral exploitation license, handing over rare earth resources to Thai Duong Group Joint Stock Company for exploitation. This led to the illegal exploitation by Thai Duong Group, causing a loss of minerals worth an estimated VND 600 billion to the State,” said the spokesperson for the Ministry of Public Security.
The Investigation Police Agency of the Ministry of Public Security is continuing to expand the investigation, clarify the criminal acts of related individuals in the case, and apply measures according to the law to recover state assets.
Land price manipulation tactics in Dong Anh by Chairman Vimedimex
Vimedimex Chairman Nguyen Thi Loan has been accused of using various tactics to win a bidding for land in Dong Anh at only 20.1 million VND/m2, but selling it at a much higher price of 86.3 million VND/m2.
Indictment of Phuc Son Corporation Chairman Nguyen Van Hau
The suspects have been indicted for engaging in fraudulent activities, including forgery and manipulation, to conceal revenue and related assets outside the accounting books, causing significant damage to the State.
Preventing Unauthorized Labor in Thanh Hoa
After Tet holiday is the time when illegal labor migration to work abroad has many complex and increasing risks. Therefore, the functional forces of Thanh Hoa province have implemented various measures to prevent and combat illegal migration activities in the area…
Charges pressed against 9 individuals in connection with the case at Phuc Son Group Corporation
The investigation agency of the Ministry of Public Security urges all individuals involved in this case to surrender themselves promptly, report any crimes committed, and take responsibility for the consequences in order to benefit from the lenient policies of the law.
