Former minister of industry and trade prosecuted for causing huge loss
The Supreme People’s Procuracy on September 14 issued an indictment to prosecute former Minister of Industry and Trade Vu Huy Hoang and his accomplices for their involvement in a violation case ralated to the land plot at 2-4-6 Hai Ba Trung Street in HCM City.
Former Minister of Industry and Trade Vu Huy Hoang (Source: VNA)
Hanoi (VNA) – The Supreme People’s Procuracy on September 14issued an indictment to prosecute former Minister of Industry and Trade Vu HuyHoang and his accomplices for their involvement in a violation case ralated tothe land plot at 2-4-6 Hai Ba Trung Street in HCM City.
Those also prosecuted former Director ofthe Ministry of Industry and Trade (MoIT)’s Light Industry Department Phan ChiDung, Former Vice Chairman of the HCM City People’s Committee Nguyen Huu Tin,former Director of the municipal Department of Natural Resources andEnvironment Dao Anh Kiet, and six others.
This is the latest developments in the caseof “violating regulations on the management and use of State assets, causinglosses and wastefulness” and “violating regulations on land management” whichoccurred at the MoIT and in HCM City and were related to the construction of asix-star hotel and trade and convention centre on the over 6,000sq.m land plot.This is an extremely serious case which has drawn public concern.
Hoang and his accomplices intentionallyviolated regulations on the management and use of State assets and landmanagement by shifting the right of management and use of the land plot at2-4-6 Hai Ba Trung Street from the State to a private company, causing a hugeloss of over 2.7 trillion VND (116.5 million USD)./.
Vu Huy Hoang, former minister of industry and trade, and two other ex-officials of this ministry are being investigated for “violating regulations on the management and use of State assets, causing losses and wastefulness”, the Ministry of Public Security said on July 11.
The Ministry of Public Security’s Police Investigation Authority completed its investigation relating to the land plot at 2-4-6 Hai Ba Trung Street in HCM City on July 13 and transferred the case to the Supreme People’s Procuracy.
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Former Minister of Industry and Trade Vu Huy Hoang (Source: VNA) 
