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Investigations into major corruption cases accelerated

Minh Duc
Tuesday,  Aug 1,2017,23:25 (GMT+7)
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Investigations into major corruption cases accelerated

Minh Duc

HANOI – The Central Steering Committee for Anti-Corruption will step up investigations into alleged violations at several organizations, heard the committee’s 12th meeting in Hanoi on July 31 chaired by Party chief Nguyen Phu Trong.

Prominent cases to be probed include PetroVietnam Construction Joint Stock Corporation (PVC) and DongA Joint Stock Commercial Bank (DongA Bank), the Vietnam News Agency reports.

According to the news agency, in the first six months of 2017, the fight against corruption was actively carried out, especially for handling violations at Vietnam Oil and Gas Group (PVN), the Ministry of Industry and Trade, and the Party committees of Binh Dinh and Dong Nai provinces.

The anti-corruption committee has inspected nine loss-making projects that have drawn much public attention, and has inspected MobiFone’s acquisition of a 95% stake in pay television service firm An Vien Group (AVG), and the equitization process of Quy Nhon Port.

At the meeting on July 31, the committee asked competent agencies to accelerate investigations into alleged violations at prominent cases, including at PVC, DongA Bank, Ocean Bank, Agribank’s Finance Leasing Company II (ALC II), Phu Tho ethanol plant and Dung Quat ethanol plant projects. They should take legal action against those responsible.

They were also told to promptly detect and strictly handle individuals and organizations found to commit irregularities.

Speaking at the meeting, Party chief Trong, also head of the committee, pointed out shortcomings in anti-corruption activities.

According to Trong, the detection and handling of corruption cases with serious consequences have remained slow. Besides, the volumes of confiscated properties were insignificant compared to the losses, and penalties against some violators were not strict enough.

Trong asked competent agencies to follow the committee’s instructions, finish tasks assigned by the committee, comply with the Penal Code, the Politburo’s instructions and the Government’s regulations on property declarations in a serious and strict manner.

According to Trong, the media plays an important role in the anti-corruption campaign. Therefore, news agencies should be well informed of the fight against corruption.

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