The Politburo sanctioned Mr. Nguyen Van Binh



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The Politburo sanctioned Mr. Nguyen Van Binh - Photo 1.

Head of the Central Economic Commission, Nguyen Van Binh – Photo: CHI QUOC

According to the announcement by the Party Central Committee Office, On November 6, at the headquarters of the Party Central Committee, the Secretary General and Chairman of State, Nguyen Phu Trong, chaired a Politburo meeting to consider and discipline Mr. Nguyen Van Binh, Member of the Politburo, Secretary of the Central Committee of the Party, Head of the Central Economic Commission, former Secretary of the Party Civil Affairs Committee, former Governor of the State Bank of Vietnam.

Considering the proposal of the Central Inspection Committee, the Politburo found that during his time as a member of the Central Committee of the Party, Secretary of the Party Committee of the Party, Governor of the State Bank of Vietnam, Mr. Nguyen Van Binh had the following violations exist and defects:

– Assume the responsibility of the leader for the issuance of legal documents by the State Bank of Vietnam that contain incomplete or irregular contents in accordance with Government regulations, which causes violations and deficiencies in handling. Bad debts, causing loss of state budget revenue.

– Violation of the signing and promulgation of a resolution that approves the Construction Bank to borrow a special loan at an interest rate of 0% and without guarantee.

– Assume the responsibility of the director of the violations and deficiencies of the State Bank of Vietnam in the approval of the Thien Thanh group to buy back shares of Dai Tin Bank; approve Pham Cong Danh as the expected member of the Construction Bank Board of Directors; No special control over the Construction Bank.

– Violate the principle of democratic centralization and labor regulations by not reporting to the competent authorities for politics on important and important issues. Failure to fully and improperly report and comply with the Prime Minister’s instructions on the mandatory purchase of 3 banks at prices other than the dong is a violation of the rule of authority.

– For many infractions and deficiencies occurred in the State Bank of Vietnam and the credit institutions, many people will be sanctioned.

Thus, during his time as a member of the Party Central Committee, Secretary of the Party Committee, Governor of the State Bank of Vietnam, Mr. Nguyen Van Binh is responsible for the head of the Bank’s violations and deficiencies. State Bank of Vietnam and its personal responsibility in the performance of the assigned functions and duties, causing very serious consequences that are difficult to overcome; Many officials, members of the State Bank of Vietnam and key leaders of some credit institutions are punished for breaking the law.

Mr. Nguyen Van Binh’s violations and shortcomings are serious, cause frustration in society and negatively affect the reputation of the party organization, the State Bank of Vietnam and himself.

During the review process, Mr. Binh assumed responsibility for violations and deficiencies and self-discipline.

Considering the context of the situation, content, nature, scope, consequences, causes of the violation, work process and contributions of Mr. Nguyen Van Binh to the Party and the State; Pursuant to Politburo Regulation No. 102-QD / TW dated November 15, 2017 on Discipline of Party Members Who Raped, the Politburo decided to discipline Mr. Binh with a warning.

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