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Trial against former Minister of Industry and Trade to reopen on April 22
The Saigon Times
Tuesday,  Apr 6, 2021,16:22 (GMT+7)

Trial against former Minister of Industry and Trade to reopen on April 22

The Saigon Times

Vu Huy Hoang at a hearing on January 18. The trial against him and nine accomplices will be reopened on April 22 – PHOTO: VNA

HCMC - The Hanoi People’s Court has decided to reopen the first-instance trial against former Minister of Industry and Trade Vu Huy Hoang and nine accomplices on April 22 after it was delayed twice.

They were found to be involved in a case concerning the mismanagement and misuse of State assets, causing losses and wastefulness, and the violation of rules on land management at the Ministry of Industry and Trade and HCMC, the local media reported.

The trial is set to last until April 29, including Saturday and Sunday.

The trial was initially planned to take place on January 7, then delayed to January 18 but was postponed again due to the absence of some defendants and those with related interests and obligations.

The case is under the surveillance of the Central Steering Committee for Anti-Corruption.

In the case, Hoang and former head of the Ministry of Industry and Trade’s Light Industry Department Phan Chi Dung were charged with allegedly violating regulations on the management and use of State assets, causing losses and wastefulness, while eight others, including former HCMC vice chairman Nguyen Huu Tin, former deputy director of the HCMC Department of Planning and Investment Lam Nguyen Khoi and former director of the HCMC Department of Natural Resources and Environment Dao Anh Kiet, were charged with allegedly infringing regulations on land management.

According to the Supreme People's Procuracy’s indictment, the Saigon Beer-Alcohol-Beverage Company (Sabeco), under the Ministry of Industry and Trade, received the land lot at 2-4-6 Hai Ba Trung Street to build its headquarters and a trade, service and office center.

However, Hoang and Dung allowed Sabeco and three corporate shareholders to set up the Sabeco Pearl Investment JSC to carry out the Saigon Me Linh Tower project at the location.

The Ministry of Industry and Trade later directed Sabeco to divest from the project and transfer the rights to use the land lot worth more than VND3.8 trillion to Sabeco Pearl, causing a loss of over VND2.7 trillion for the State.

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