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NewsState firms told to repay 1.5bn USD

State firms told to repay 1.5bn USD

Hanoi , April 6 (VNA) — Government inspectors have found that  30.7 trillion VND (1.5 billion USD) was "wrongfully spent" by several major State-owned corporations.    

During a press conference on April 5, Ngo Van Khanh, the Government Deputy Chief Inspector, said that from January to March, inspections were carried out at a number of State-owned corporations and institutions. These included Viet Nam National Chemical Corporation (Vinachem), PetroViet Nam, Viettel Telecom, Song Da Corporation and  Ho Chi Minh City  National  University .    

One of the conclusions of the inspectors recommended the return of 3,712 billion VND (1.8 million USD) to State coffers.  

In their report to the Prime Minister, the inspectors also asked that authorised agencies look into the alleged unauthorised spending of 27,000 billion VND (1.3 billion USD).    

Complaints by citizens increased during the second half of February and March, although many of the cases had been handled in a fair manner, consistent with regulations by local authorities.    

During the inspections management of land use and construction investment in the  northern province  of Tuyen Quang and southern provinces of Ben Tre and Tien Giang were also scrutinised.    

The inspectors have asked local authorities, particularly the chairmen of People''s Committees, to cooperate with investigators and to facilitate the democratic process on a daily basis.    

They emphasised the need to handle unsettled complaints, as they have become a hot-button issue in local communities.

Hanoi , April 6 (VNA) — Government inspectors have found that  30.7 trillion VND (1.5 billion USD) was "wrongfully spent" by several major State-owned corporations. 

Vietnam News Acency

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