The commission looked into the case of the Party Civil Affairs Committee of the Finance Ministry, saying it has violated the principle of democratic centralism and working regulations, and showed a lack of responsibility and relaxed leadership and instruction, letting the ministry and several organisations and individuals violate the Party’s regulations and the State’s laws in State management and in giving consultations and promulgating mechanisms and policies on issuing and trading corporate bonds, including businesses under Van Thinh Phat Group and An Dong Group; as well as in State budget management related to the AIC company and businesses in the AIC ecosystem.

Such violations have caused serious consequences along with risks of huge losses to State assets and damage to bond investors, adversely affecting the investment and business environment and social order and safety, triggering public concern, and negatively affecting the reputation of the Party organisation and State management agency, to the extent that they must be reviewed and handled.

The commission said the Party Civil Affairs Committee of the Finance Ministry for the 2016-2021 term; and Dinh Tien Dung, Politburo member, Secretary of Hanoi’s Party Committee, former Secretary of the ministry’s Party Civil Affairs Committee and former Finance Minister; Vo Thanh Hung, member of the ministry’s Party Civil Affairs Committee and Deputy Minister; and former members of the ministry’s Party Civil Affairs Committee and Deputy Ministers Huynh Quang Hai, Do Hoang Anh Tuan and Vu Thi Mai; and some other Party organisations and members must bear the main responsibility for the above-said violations and wrongdoings.

The Inspection Commission decided to issue warnings against the Standing Board of the Party Committee of the General Department of Customs for the 2015 – 2020 term; the Party Committee of the Department of Planning and Finance for the 2015 – 2020 term; the Party cells of the Department of Public and Administrative Finance and the State Budget Department for the 2015 - 2017, 2017 - 2020, 2020 - 2022 tenures; and Huynh Quang Hai; Pham Van Truong, Secretary of the Party cell, Director of the State Budget Department; Nguyen Truong Giang, Secretary of the Party cell, Director of the Department of Public and Administrative Finance; Nguyen Duong Thai, former Deputy Director General of the General Department of Customs; and Pham Van Viet, former Secretary of the Party cell, Director of the Department of Finance and Administration under the General Department of Customs.

It reprimanded the Party cell of the Finance Department of Banks and Financial Institutions for the 2017 – 2020 and 2020 - 2022 terms; and Do Hoang Anh Tuan, Vu Thi Mai, Vo Thanh Hung; and Phan Thi Thu Hien, Secretary of the Party cell, Director of the Finance Department of Banks and Financial Institutions; and Le Ngoc Khoa, former Secretary of the Party Committee, Director of the Department of Planning and Finance. The committee asked competent authorities to consider disciplinary actions against the Party Civil Affairs Committee of the Ministry of Finance and Dinh Tien Dung.

The committee requested the Party Civil Affairs Committee of the Ministry of Finance to direct the timely correction of the violations and shortcomings; and coordinate in handling the organisations and individuals that committed violations.

At the meeting, the commission also examined the violations of and decided disciplinary measures against the Party Civil Affairs Committee of the People’s Committee of the central province of Ninh Thuan.

The Inspection Commission decided to issue warnings against the Party Civil Affairs Committee of the provincial People's Committee for the 2016-2021 tenure, and Luu Xuan Vinh, former Deputy Secretary of the provincial Party Committee, former Secretary of the Party Civil Affairs Committee and former Chairman of the provincial People's Committee; while reprimanding the Departments of Planning and Investment, Finance, Construction, and Environment and National Resources for the 2015-2020 tenure; and a number of individuals.

The inspection commission also proposed competent authorities to consider disciplinary measures against Nguyen Van Yen, deputy head of the Party Central Committee’s Commission for Internal Affairs, member of the Standing Board of the Party Committee and Chairman of its Inspection Commission; and issued disciplinary measures against some former officials of Binh Dinh, Binh Duong, Long An and Ba Ria-Vung Tau provinces.

VOV