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The Central Inspection Committee proposed to the Politburo to consider and discipline Mr. Nguyen Van Binh for his violations during his term as Governor of the State Bank.
The Central Inspection Committee announced the above, on the afternoon of November 3. Consequently, the last meeting of this agency has considered the results of the examination and verification of the reflected content related to Mr. Nguyen Van Binh – Member of the Politburo, Secretary of the Central Committee of the Party, Head of the Central Economic Commission. Nursing.
Mr. Nguyen Van Binh, Head of the Central Economy Department. Image: TTX
The Central Inspection Committee found that, during his time as a member of the Central Party Committee, Secretary of the Party Committee, Governor of the State Bank, Mr. Nguyen Van Binh had violated the principle of democratic centralization and prosecution work; irresponsibility, weak leadership, direction, lack of inspection and supervision, allowing many violations and deficiencies in the issuance and implementation of a series of resolutions, regulations and decisions on the operation Bank credit, with very serious consequences, difficult to overcome.
In addition, many officials, members of the Banco del Estado and key leaders of some credit institutions are sanctioned for violating the law.
“The violations and deficiencies of Mr. Nguyen Van Binh are serious, cause frustration in society and negatively affect the reputation of the party organization, the State Bank and the people,” Central Inspection Committee count.
The Nguyen van binh Born in 1961 in Phu Tho, he has a Ph.D. in Economics (in the Russian Federation).
He worked in the Banco del Estado since December 1986. After 12 years working in the Department of International Cooperation and assuming the position of Head of the Office of the Banco del Estado, in November 1998 he was appointed Deputy Director of the Banco del Estado, Branch of Hanoi.
From November 2001 to June 2005, he moved to the Russian Federation to work as Vice President and then Acting President of the International Investment Bank (MIB). He returned home in 2005 and returned to the State Bank as Chief Inspector. In April 2008 he was appointed Lieutenant Governor. In August 2011, he was approved by the XIII National Assembly to the title of Governor of the State Bank of Vietnam, after 3 years holding the position of Vice Governor.
When Binh took office, the Vietnamese banking system faced many risks. NPLs rose after a period of crisis, cross-ownership of the banking system has not been fully addressed, inflation has sometimes been in the double digits, interest rates on business loans exceeded 20%; dollarization, goldenization …
In April 2016, Mr. Binh resigned as Governor. At the end of his term (from August 2011 to April 2016), he left his mark with the stabilization of the gold market …, however, in his time there were also many controversial decisions, such as The State buys weak banks at 0 dong .
From 2016 until now, he has held the position of Head of the Central Economic Department.
Minh Son – Hoang Thuy
