On December 13, the police body that investigates the Ministry of Public Security (C03) said that it had issued decisions to prosecute the accused, search warrant, and apply preventive measures to 14 accused who are officers and leaders. Thai Nguyen Iron and Steel Company (TISCO), Vietnam Steel Corporation (VNS) for crimes of violation of the regulations on management and use of State assets, causing losses, waste and irresponsibility with serious consequences. important.
Of these, 9 defendants were prosecuted for violating the regulations on the management and use of state assets, causing losses and waste according to article 219 of the 2015 Penal Code: Dang Van Tap, former deputy director. Permanent Director of the TISCO Project Management Board; Dong Quang Duong, former deputy director and secretary of the TISCO project; Nguyen Trong Khoi, former deputy general manager of VNS; Trinh Khoi Nguyen, former head of VNS’s Investment and Development Department; Do Xuan Hoa, former chief accountant of TISCO; Le Thi Tuyet Lan, former Deputy Director of Accounting – Statistics – TISCO Finance Department; Uong Sy Binh, former Deputy Head of Accounting – Statistics – Finance Department of TISCO; Nguyen Van Trang, former member of the VNS Supervisory Board; Dang Thuc Khang, former member of the Board of Directors, and Head of the Supervisory Board of VNS. Dang Thuc Khang, particularly accused, applied measures to prevent arrest and detention.
At the same time, C03 also prosecuted 5 other defendants for irresponsibility that caused serious consequences under article 360 of the Penal Code of 2015, including: Le Phu Hung, former member of the Board of Directors of VNS; Nguyen Minh Xuan, former member of the VNS Board of Directors; Nguyen Chi Dung, former member of the TISCO Board of Directors; Hoang Ngoc Diep, former member of the TISCO Board of Directors; Doan Thu Trang, former member of the TISCO Board of Directors.
As Youth During the inspection process in the TISCO phase 2 production expansion project, the Government Inspection discovered a series of serious violations and transferred the file to the Ministry of Public Security to investigate 4 criminal cases. .
In April 2019, C03 prosecuted a criminal case, prosecuted and arrested a number of related suspects, including Mr. Mai Van Tinh, former Chairman of the Board of Directors of VNS; Mr. Dau Van Hung, former Managing Director of VNS; Mr. Tran Trong Mung, former CEO of TISCO Company; Mr. Tran Van Kham, Former Chairman of the Board of TISCO.
According to the inspection conclusion, TISCO’s second phase production expansion project was approved with a total investment of VND 3843 billion, the expected implementation time is 2.5 years, the expected payback period is 6 , 87 years old.
Pay more than 40 billion dong of interest per month
Since 2007, TISCO has entered into an EPC contract with the China Metalurgical Construction Group Company (MMC) contractor worth USD 160.8 million (USD exchange rate at this time is USD 1 = VND 15,850). The two parties have determined that this is a package price that does not change during the performance of the contract. The expected execution time is 30 months. But then TISCO and MMC together signed many addenda governing many important content in the signed EPC contract. According to TISCO data, the total payment value as of December 31, 2016 is almost 4.5 billion dong, of which the equipment cost is more than 2.1 billion dong, the construction cost is nearly 1 billion dong … Total outstanding loan principal, interest The bank loan payable on the project is VND 3.9 billion (currently the interest payable exceeds VND 40 billion / month).
According to the Government Inspectorate, one of the serious mistakes of this project is to increase the total investment by billions of dong without a legal basis. Specifically, based on the TISCO proposal, in August 2012, VNS sent a document to the Ministry of Industry and Commerce and requested the Prime Minister to adjust the total investment of the project from VND 3.8 billion to VND 8.1 billion.
According to the Government Inspection, at the time of requesting an opinion to adjust the total investment, under the direction of the Prime Minister, a series of ministries, branches and the State Bank said that the capital’s team project lacks a basis but At that time, the Ministry of Industry and Commerce, in the role of verification and review, still presented to the Government the total investment adjustment plan.
In fact, this project has had to last more than 10 years and has been suspended from construction since 2013. The total investment of the project has increased but not all the main elements have been completed. MMC has not transferred enough equipment according to the list, damaged machinery and equipment, differences in origin, specifications … seriously affect the progress and quality of the project.
