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Wednesday,  Sep 20,2017,14:46 (GMT+7)

Trade ministry considers former deputy minister’s resignation

The Saigon Times Daily
Wednesday,  Aug 30,2017,22:36 (GMT+7)
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Trade ministry considers former deputy minister’s resignation

The Saigon Times Daily

HCMC – The Ministry of Industry and Trade is processing the resignation tendered by former Deputy Minister Ho Thi Kim Thoa.

Tuoi Tre newspaper quoted Deputy Minister of Industry and Trade Do Thang Hai as saying that “Thoa has sought to quit her current job at the ministry upon the expiration of her leave.”

Earlier, Thoa had tendered her resignation in a letter sent to the minister on July 28, days prior to the announcement on July 31 of disciplinary measures against her by the Party Central Committee’s Inspection Commission. The commission also proposed dismissing Thoa from all her duties.

However, at the time, the ministry did not have the authority to make a decision on her resignation, as the matter for high-ranking officials like Thoa could only be decided by the Party Central Committee’s Secretariat.

The Prime Minister on August 16 made a decision relieving Thoa of her post as deputy minister, meaning she is no longer a senior official at the ministry, but a rank-and-file member whose job can now be determined by the minister.

According to the Party Central Committee’s Inspection Commission, while holding the post of Party Committee secretary and director of Dien Quang Lamp Company from January 2004 to May 2010, Thoa broke rules on State-owned enterprise equitization and procedures, and mishandled VND6.7 billion (around US$295,000) in loan interest sums.

She was also found to have violated regulations on land management. In this case, Dien Quang Company signed a contract with Constrexim, a corporation under the Ministry of Construction, to transfer a plot of land in HCMC without prior consent from the land administrator and relevant authorities.

She failed to inform relevant authorities of how to use VND30 billion gained from the transfer of that land plot. Thoa also bought more shares than allowed and transferred shares in a way that broke Dien Quang Company’s own rules.

By February this year, Thoa and her family members had held a combined stake of 34.7% in Dien Quang Lamp, with a market value of VND700 billion (US$30.8 million).

Besides, on behalf of the then Minister of Industry and Trade Vu Huy Hoang, Thoa signed a decision appointing Trinh Xuan Thanh, former general director of PetroVietnam Construction Corporation (PVC), to senior positions at the ministry even though he was held accountable for heavy losses at PVC and its subsidiaries. Trinh Xuan Thanh is being detained by police over his role in VND3.3 trillion losses incurred by PVC.

In addition, she was also found to have wrongfully declared her assets and incomes.

Therefore, the Secretariat requested Prime Minister Nguyen Xuan Phuc to dismiss Thoa from her role as deputy minister of industry and trade.

Deputy Minister Hai said the ministry is working with Thoa to go through necessary procedures over her resignation in line with prevailing legal regulations.

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