On July 19, the Ministry of Public Security announced the indictment and temporary detention of Nguyen Thi Nhu Loan, CEO of Quoc Cuong Gia Lai Joint Stock Company, for violating regulations on the management and use of state assets causing loss and waste under Article 219, Clause 3 of the Penal Code.

The People's Supreme Procuracy has approved these decisions and orders.

This morning, investigators from the Ministry of Public Security and the People's Supreme Procuracy searched Loan's private residence on Tran Quoc Thao Street, District 3, HCM City. Authorities confiscated numerous documents relevant to the ongoing investigation.

This is part of the broader investigation into the case involving violations of regulations on the management and use of state assets, bribery, and abuse of position during the execution of public duties, which occurred at the Vietnam Rubber Industry Group, Dong Nai Rubber Company, Ba Ria Rubber Company, the Ministry of Natural Resources and Environment, and related agencies.

To date, the Ministry of Public Security has indicted 16 individuals on various charges, including Nguyen Thi Hong, former Deputy Head of Steering Committee 9 and former Vice Chair of the Ho Chi Minh City People's Committee.

Dam De