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At the meeting, Mr. Diep Dung agreed to hand over all the functions, powers, duties, responsibilities and tasks of the position of Chairman of the Board of Directors, legal representative and related documents and documents.
After that, 6 members of the Saigon Co-op Board of Directors agreed to appoint Mr. Nguyen Anh Duc, Managing Director of Saigon Co-op, who temporarily leads the Board of Directors with a number of powers including: calling a meeting of the Board of Directors, on behalf of the Board of Directors to sign agreements agreed by the Board of Directors, human resources work and decisions on capital representatives in companies.
For contents beyond the authority of the Board of Directors during the temporary management period, please report the policy to the Ho Chi Minh City Party Committee and the Ho Chi Minh City People’s Committee before submitting it to the Board of Members.
Ho Chi Minh City Trade Cooperatives Union Headquarters at Nguyen Thai Hoc Street, District 1, HCMC |
The Board of Directors also voted unanimously on the issuance of the Board of Directors’ Notice of Senior Personnel Change at Saigon Co-op to Cooperative Members, Staff Members and Partners, Suppliers, Authorities. .
Ho Chi Minh City’s Planning and Investment Department said that so far, Saigon Co.op has relatively sufficient basic conditions for Saigon Co-op to organize stable operations when the chairmanship of the board of directors is absent.
The Inspection Committee of the City Party Committee identified Mr. Diep Dung as the Secretary of the Party Committee, the Chairman of the Board of Directors organized and directed the illegal capital raising; organize the annual congress illegally; performing cadre work in contravention of Party regulations and being dishonest to the organization when reporting requests.
At the end of August 2020, Mr. Dung submitted a resignation for 2 reasons: He still did not fulfill the responsibility of a Saigon Co-op boss assigned by the organization, especially for the increase of the share capital, which led to Una series of bad problems happened in the past and they have not yet fulfilled the chief responsibility in solidarity and collective leadership of the Saigon Party Executive Committee Co.op.
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