Party leader urges serious corruption cases to be handled soon

Party General Secretary Nguyen Phu Trong has requested that serious and complex corruption cases must be investigated, prosecuted and brought to trial as soon as possible. 

The Party chief chaired a meeting of the standing board of the Central Steering Committee on Anti-Corruption as head of the Committee in Hanoi on October 1. 

He said six serious and complicated cases, involving intentional economic mismanagement, irresponsibility, bribe giving and taking, swindling, embezzlement, money-laundering, and power abuse, must be judged in the first instance from now to the end of 2016 and in Q1 2017. 

They relate to the Agribank Printing, Trade and Service Company; the Vietnam Waterway Construction Corporation; the Que Vo Textile Joint Stock Company and the Bac Ninh development support fund (now the Bac Ninh transaction office of the Vietnam Development Bank); the Vinashin Ocean Shipping Co. Ltd (Vinashinlines); the Dien Bien Phu transaction office of the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)’s HCM City branch; and the Ocean Commercial Joint Stock Bank. 

Meanwhile, six other cases with appeals lodged must be expeditiously dealt with at the appeal courts. 

The Party chief asked authorised agencies to proactively perform their duties, promote investigation quality, and pay more attention to classifying persons involved in corruption in order to strictly handle the masterminds. They also have to take effective measures to recover stolen assets. 

At the meeting, he also lauded anti-corruption efforts by relevant bodies, especially in the settlement of the case involving Pham Cong Danh, ex-Chairman of the Vietnam Construction Bank, who committed wrongdoings and violations of banking rules that caused losses of over VND9,000 trillion (US$404 million).

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