The former Deputy Minister of Transport violated Ut ‘bald’ he appropriated more than 725 billion

Former Vice Minister of Transport Nguyen Hong Truong – Photo: TUAN PHUNG

On August 31, the Investigative Police of the Ministry of Public Security issued the conclusion of the investigation of the case “violating the accounting regulations, causing serious consequences; violating the regulations on the management and use of housing.” water loss and waste “occurred at Yen Khanh Group Joint Stock Company, Cuu Long Corporation and related units in the bidding and collection of toll for the HCM City – Trung Luong highway.

The conclusion of this investigation was issued half a month after the investigating agency executed the arrest warrant against former Vice Minister of Transport (MOT) Nguyen Hong Truong.

The investigating agency transferred its findings to the Supreme People’s Prosecutor’s Office to prosecute the defendant Dinh La Thang, former Minister of Transportation; Nguyen Hong Truong, former vice minister; Dinh Ngoc System, former chairman of the board of directors, former CEO of Thai Son Company and 17 other defendants.

In this case, Mr. Dinh La Thang is identified as a mastermind and leader.

Thang ordered Ut’s company to buy the rights to collect fees.

At the conclusion of the investigation, Mr. Thang as minister assigned to manage the property, including the right to charge the Ho Chi Minh City – Trung Luong highway.

Mr. Thang has a clear understanding of the laws on the management of state properties and the transfer of the right to collect fees, recognizing that this is a unique asset of particularly high value, and should seek partners with financial capacity to optimize the sale of toll rights.

However, in February 2012, after being approved in writing by the Prime Minister on the policy of selling the right to charge fees, Mr. Thang telephoned Duong Tuan Minh, Managing Director of Investment Development Corporation and Lower Project Management. Kowloon traffic floor and there are “abnormal” directions.

He directed that Ut’s company was “bald”, that it was an unprofitable company that did not have the financial capacity to buy the right to charge fees.

Dinh La Thang is determined to play a leading brains role in the case – Photo: TT

In the implementation process, Mr. Thang knew that all project implementation activities and auction results were implemented in contravention of the law, so the defendant Dinh Ngoc System’s company Yen Khanh won the auction, appropriate for Mr. Thang’s Initial Introduction.

Mr. Thang also knew that the Yen Khanh Company lasted, did not pay the auction on time, and had to terminate the contract early and transfer the right to collect the fees to the State.

“However, Mr. Dinh La Thang not only did not order the termination of the contract before the deadline, but also requested Duong Tuan Minh to let the company pay slowly,” the investigation concluded.

In addition, Mr. Thang also approved that Yen Khanh Company be an investor to build two additional intersections on the road connecting Tan Tao – Cho Dem and suggested that the company deduct from the amount payable in accordance with the contract. the same rights to charge fees, creating favorable conditions for the company to benefit.

The investigating agency determined that Mr. Thang’s behavior constitutes the crime of “Violating regulations on the management and use of state property, causing waste loss.” “Mr. Thang has a brain and leader role,” the investigation’s conclusion stated.

Ut “bald” seized more than 725 billion

It is determined that Mr. Nguyen Hong Truong signed a decision approving the initial price of the auction for the right to charge fees, but not through a pricing council or the contracting of a price appraisal organization.

Mr. Truong also signed a decision allowing the Sales Board to designate when only one person participated in the auction and bid at the asking price.

In addition, Mr. Truong also signed a notice that Yen Khanh Company and Khanh An Company were eligible to participate in the auction for the right to charge Ho Chi Minh City – Trung Luong expressway rates without the approval of the Board of Directors of Auctions .

When Yen Khanh Company does not make payment on time, Mr. Truong not only orders to terminate the contract but also signs 9 documents, chairs the meeting to direct Cuu Long Corporation to continue to urge Yen Khanh Company to pay. money.

Mr. Truong’s behavior violated many laws, causing material damage to the State.

The defendant Dinh Ngoc System is found to have appropriated more than 725 billion from the State – Photo: NAM TRAN

Defendant Dinh Ngoc System for the purpose of appropriating the right to collect fees, so from the beginning, there was a fraudulent trick, directing employees to falsify the loss to profit report and falsify the confirmation of the audit unit in the financial report. the year 2001 and 2002.

Since then, Ut’s ‘bald’ company has been eligible to participate in the auction, even though the business is at a loss.

After winning the auction, due to lack of financial capacity to pay the contract, Ut ‘bald’ has extended the payment time to acquire collection rights.

In the fee collection process, the defendant Dinh Ngoc System continued to cheat, ordering the purchase and use of the Xuan Phi Company software to conceal the proceeds, and the report was not true.

Of these deceptive acts, the accused Dinh Ngoc System with the help of his accomplices seized more than 725 billion from the State.

The investigation agency has determined sufficient grounds to conclude that Ut ‘bald’ has the act of “fraudulent appropriation of property” with the role of intellectual and criminal leader “Abusing his position and powers to influence others to take advantage”.