Former deputy minister summoned for Vu Huy Hoang's trial
A former deputy minister and 18 others have been summoned for their alleged connection with the State property misuse and mismanagement case of ex-Minister of Industry and Trade Vu Huy Hoang at the Saigon Beer - Alcohol - Beverage JSC (Sabeco).
Former Deputy Minister of Industry and Trade Nguyen Nam Hai has been summoned for his alleged connection with the State property misuse and mismanagement case of ex-Minister of Industry and Trade Vu Huy Hoang at the Saigon Beer - Alcohol - Beverage JSC (Sabeco). (Photo: moit.gov.vn)
Hanoi (VNA) – A former deputy minister and 18 others have been summoned for their alleged connection with the State propertymisuse and mismanagement case of ex-Minister of Industry and Trade Vu Huy Hoangat the Saigon Beer - Alcohol - Beverage JSC (Sabeco).
Former Deputy Minister of Industry and Trade Nguyen Nam Hai, aSabeco representative and 17 others will have to be present as people with relatedinterests and obligations at the first-instance trial of the case on January18.
The trial was initially scheduled to start on January 7 but thenpostponed due to the absence of three defendants and many persons allegedlyinvolving in the case.
According to the indictment from the Supreme People’sProcuracy, Sabeco, which is under the MoIT’s management, was given 6,080 sq.mof land in Ben Nghe ward of HCM City’s District 1 for non-agriculturalproduction and business purposes.
However, Hoang, former Deputy Minister Ho Thi Kim Thoa, andother former leading officials of the ministry and Ho Chi Minh City directed their subordinates to carry out proceduresfor using land use rights and Sabeco's money as capital contributions to set upSabeco Pearl, a joint venture between the firm and a number of privateenterprises, to implement a project building a hotel, a trade and conventioncentre, and office space for lease on the land.
After Sabeco completed legal procedures for the jointventure’s investment and proposed the HCM City People’s Committee approve theaddition of officetel and housing functions to this project, the MoIT orderedthe company to transfer Sabeco’s entire stake in this project to the privateenterprises in the joint venture.
As a result, the right to manage and use the land, which isa State asset and worth more than 3.816 trillion VND (over 164 million USD),was illegally transferred to private firms, causing a “particularly big” lossof over 2.713 trillion VND to the State, according to the indictment.
Thoa has fled away and theinvestigation police agency has put her on the wanted list./.
The Supreme People’s Procuracy on September 14 issued an indictment to prosecute former Minister of Industry and Trade Vu Huy Hoang and his accomplices for their involvement in a violation case ralated to the land plot at 2-4-6 Hai Ba Trung Street in HCM City.
Ex-Minister of Industry and Trade Vu Huy Hoang and nine accomplices are set to be brought to trial on January 7 for violations at the ministry and in Ho Chi Minh City that caused losses of some 118 million USD.
The first-instance trial for ex-Minister of Industry and Trade Vu Huy Hoang and nine accomplices, slated for January 7, was postponed due to the absence of three defendants and many people with related interests and obligations.
The Hanoi People’s Court has decided to reopen the first-instance trial for ex-Minister of Industry and Trade Vu Huy Hoang and nine accomplices on January 18.
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Former Deputy Minister of Industry and Trade Nguyen Nam Hai has been summoned for his alleged connection with the State property misuse and mismanagement case of ex-Minister of Industry and Trade Vu Huy Hoang at the Saigon Beer - Alcohol - Beverage JSC (Sabeco). (Photo: moit.gov.vn)
