Why did the investigating agency confiscate a 43ha red book ‘yellow earth’ in Binh Duong?

Department and agency representatives responded at the briefing at the press conference – Photo: BA SON

On May 5, the Binh Duong Provincial Propaganda Department coordinated with the provincial Police and functional agencies to organize a conference to provide information to the press on the progress of the investigation of the case related to the transfer of land and contributed capital. from Binh Duong Production – Import – Export Corporation (also known as 3-2 Corporation, with dominant state capital).

Consequently, the initial investigation determined that the right to use the 43 hectares of land (once administered by the 3-2 Corporation, now transferred to a private company) is the evidence of the case, therefore, the investigating agency has issued a decision to temporarily have 2 certificates (red book) for the 43 ha mentioned above to deliver to the competent state agencies for their administration.

At the same time, the current status of the 43ha land area (which is under construction by the investor for the construction of an unfinished urban area) has been released to the Binh Duong Province People’s Committee and the People’s Committee of the Hall of Hoa Phu as prescribed.

According to the investigating agency, the identification process of two red books has been mortgaged by Tan Phu Investment and Construction Co., Ltd. (100% owned by Kim Oanh Company) to Orient Commercial Bank for loan guarantee 350 billion dong.

This is the fourth time in a row that the Binh Duong provincial authorities have organized a conference to provide information related to the 43ha land area – Photo: BA SON

The press questioned whether the custody of the red book and the delivery of land in the field were necessary, is there a precedent or did they simply decide to prevent and request to maintain the status quo as in many other cases?

Colonel Tran Van Chinh, head of the CSDT, deputy chief of police for Binh Duong province, said that in the case of “violating the regulations on the management and use of state assets,” the priority objective is recovery of assets must move to seize the red book, temporarily seize land to prevent complicated transactions from arising, without causing loss of state assets.

Therefore, by temporarily confiscating the land and red book, the rights of the Kim Oanh Company (the party that indirectly buys the capital contribution from Tan Phu Company through a third party, not directly from the 3-2 Corporation)? How is it calculated?

This question has not been answeredRepresentatives of the authorities responded at the meeting simultaneously He said custody of the red book and 43ha area of ​​land is only temporary, but how to handle it must wait until the end of the case and the legally effective court judgment.

The 43ha plot is currently under construction by the state, which is temporarily held by the state pending a court decision – Photo: QUANG DINH

Youth online Asking the question, in addition to the three defendants were prosecuted, investigative agencies have expanded the case, prosecuted more other defendants? How do you consider the responsibility of the governing body of the 3-2 Corporation that heads the Provincial Committee of the Binh Duong Party?

Colonel Tran Van Chinh said that the Binh Duong Province Police regularly reported this case to the Ministry of Public Security and that, at least once a month, the Binh Duong Provincial Police sent a written request to the Ministry of Security. Public. Security to report the progress of the case.

To date, the investigating body continues to expand its investigation, considering many aspects of the case, including the responsibilities of those involved, and will continue to provide information to the press later.