Trial for ex-trade minister Vu Huy Hoang, accomplices postponed again
The first-instance trial for ex-Minister of Industry and Trade Vu Huy Hoang and nine accomplices, slated for January 18, was postponed again due to the absence of many people with related interests and obligations.
Ex-Minister of Industry and Trade Vu Huy Hoang (Photo: VNA)
Hanoi (VNA) – The first-instance trial for ex-Minister of Industryand Trade Vu Huy Hoang and nine accomplices, slated for January 18, waspostponed again due to the absence of many people with related interests andobligations.
Earlier, the trial on January 7 was delayed as three defendants and relatedpeople were not present.
The jury will inform the re-opening of the trial later.
Hoang, born in 1953, and Phan Chi Dung, born in 1957 and the former Director ofthe Light Industry Department at the Ministry of Industry and Trade (MoIT),faced a charge of “violating regulations on the management and use of Stateassets, causing losses and wastefulness”.
The eight other defendants, who are former HCM City officials, including NguyenHuu Tin, born in 1957 and the former Vice Chairman of the municipal People’sCommittee, were accused of “violating regulations on land management”.
Tin and two others who are former officials of HCM City were absence from thetrial on January 7.
According to the indictment from the Supreme People’s Procuracy, the SaigonBeer - Alcohol - Beverage JSC (Sabeco), which is under the MoIT’s management,was given 6,080 sq.m of land in Ben Nghe ward of HCM City’s District 1 fornon-agricultural production and business purposes.
However, Hoang, former Deputy Minister Ho Thi Kim Thoa, and Dung directedsubordinates at the ministry and Sabeco to carry out procedures for using landuse rights and Sabeco's money as capital contributions to set up Sabeco Pearl,a joint venture between the firm and a number of private enterprises, toimplement a project building a hotel, a trade and convention centre, and officespace for lease on the land.
After Sabeco completed legal procedures for the joint venture’s investment andproposed the HCM City People’s Committee approve the addition of officetel andhousing functions to this project, the MoIT ordered the company to transfer allof Sabeco's stake in this project to the private enterprises in the jointventure.
As a result, the right to manage and use the land, which is a State asset andworth over 3.816 trillion VND, was illegally transferred to private firms,causing a “particularly big” loss of over 2.713 trillion VND (118 million USD)to the State, according to the indictment.
Another of the accused, Ho Thi Kim Thoa, has fled, and the investigation policeagency has put her on the wanted list./.
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.
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Ex-Minister of Industry and Trade Vu Huy Hoang (Photo: VNA) 
