“Police Receive Information on Deputy Director’s Assets in Thanh Hoa Province”

Recently, the People’s Committee of Thanh Hoa province received a document from the Investigation Agency of the Ministry of Public Security requesting coordination in providing information and temporarily suspending transactions of assets serving investigation and verification requirements related to the case of “Production, trading of counterfeit goods that are food, food additives” and “Violation of regulations on accounting causing serious consequences.”

Accordingly, Vice Chairman of the Provincial People’s Committee Mai Xuan Liem directed the units to implement the request. Specifically, Vice Chairman Mai Xuan Liem requested the departments, sectors, units, and localities to organize a review of information related to the assets (real estate and assets attached to the land, certificate of land use rights, ownership of houses, stocks, bonds, contribution capital in enterprises) related to Mr. La Khac Minh (permanent residence in Ngoc Tich village, Dong Thanh ward, Thanh Hoa city), who is the Vice President of Z Holding Joint Stock Company. They were also instructed to proactively take measures to temporarily suspend transactions, purchases, and transfers of assets (if any) and provide information to the Investigation Agency of the Ministry of Public Security as prescribed, and advise and report to the Chairman of the Provincial People’s Committee on matters beyond their competence.

Previously, on June 19, the Investigation Agency of the Ministry of Public Security (C01) issued a decision to initiate a criminal case and decided to prosecute and arrest the accused, as well as search their workplaces and residences. The accused individuals belonged to Z Holding Joint Stock Company and a number of related units. They are being investigated for two crimes: “Violation of regulations on accounting, causing serious consequences” and “Production and trading of counterfeit goods that are food,” as prescribed in Clause 3, Article 221 and Clause 3, Article 193 of the 2015 Penal Code.

According to the initial investigation results, C01 identified signs of criminal offenses related to financial, accounting, and food production activities at Z Holding Joint Stock Company, headquartered at 275 Nguyen Trai, Thanh Xuan Trung ward, Thanh Xuan district, Hanoi. Based on the collected documents and evidence, on June 17, C01 decided to prosecute and temporarily detain key leaders of the company, including: Hoang Quang Thinh, General Director and Chairman of the Board of Directors of Z Holding Joint Stock Company; La Khac Minh, Vice President; and Nguyen Van Minh, Vice President, for the two crimes of “Violation of regulations on accounting causing serious consequences” and “Production and trading of counterfeit goods that are food.”