Society

Policy profiteering occurs in many large cases: Public Security Ministry's Spokesperson

Many defendants in major economic cases took advantage of policies and abused their positions and powers to make profit for themselves through violations of regulations on bidding, or through giving and receiving bribes, said Lieut. Gen. To An Xo, Chief of the Office and Spokesperson of the Ministry of Public Security, at a Government press conference on June 4.
Policy profiteering occurs in many large cases: Public Security Ministry's Spokesperson ảnh 1Lieut. Gen. To An Xo, Chief of the Office and Spokesperson of the Ministry of Public Security (Photo: VNA)
Hanoi (VNA) – Many defendants in major economic cases took advantage of policies and abused their positions and powers to make profit for themselves through violations of regulations on bidding, or through giving and receiving bribes, said Lieut. Gen. To An Xo, Chief of the Office and Spokesperson of the Ministry of Public Security, at a Government press conference on June 4.

He took the case in the Consular Department under the Ministry of Foreign Affairs as an example for policy profiteering.

Investigators found that excluding all expenses, the profit from each “rescue flight” repatriating Vietnamese citizens abroad during the COVID-19 pandemic amounted to several billions of VND, he said, adding that nearly 2,000 such flights were operated in the period.

In the case related to the FLC group, initial investigation revealed that from September 1, 2016 to January 10, 2022, Trinh Van Quyet, Chairman of the FLC Group directed Trinh Thi Minh Hue, a member of FLC Group JSC's accounting department, to set up 26 companies in the name of 26 individuals, and open 450 accounts in 41 securities companies in order to manipulate the market, creating fake supply-demand with six FLC codes and illegally earning 975 billion VND, he said.

The Investigation Police Agency under the Ministry of Public Security have received 557 denunciations on market manipulation by Quyet and his compliances, he added.

Xo affirmed that all those who are involved in law violation cases including many Party members and managing officials, will receive due punishment by the Party and in line with the law./.
VNA
#Lieut. Gen. To An Xo#Spokesperson of the Ministry of Public Security#policy profiteering#COVID-19 pandemic#FLC group#Vietnam#Vietnam news#Vietnam News Agency
Follow VietnamPlus

Related News

Various Party members in HCM City disciplined

Various Party members in HCM City disciplined

The Ho Chi Minh City Party Committee’s Inspection Board has disciplined seven Party members for their involvement in four cases monitored by the Central Steering Committee for Corruption and Negative Phenomena Prevention and Control.

See more

Illustrative image (Photo: VNA)

ASEAN’s goods, culinary culture promoted in Europe

The ASEAN Committee in Prague (ACP) launched an "ASEAN Food Corner" on October 22, aiming to promote the culinary culture and introduce goods from ASEAN countries to consumers in the Czech Republic and Europe at large.

If the plan is approved, public employees will enjoy a continuous 9-day Tet break from January 25 to February 2 next year. (Photo: VNA)

2025 Lunar New Year holiday plan submitted to PM

The Ministry of Labour – Invalids and Social Affairs on October 22 submitted a proposal to the Prime Minister regarding the schedule for the 2025 Lunar New Year (Tet) – Vietnam’s largest traditional celebration – and other national holidays.

Illustrative image (Photo: VNA)

Kien Giang continues to take firm stand against IUU fishing

The Standing Board of the Party Committee of southern Kien Giang province has called for strengthening the Party's leadership in the fight against illegal, unreported and unregulated (IUU) fishing, part of a broader national effort to have the “yellow card” warning lifted by the European Commission (EC).

Yen Bai city in the northern province of Yen Bai is severely affected by Typhoon Yagi. (Photo: VNA)

Vietnam receives EU’s humanitarian aid for Typhoon Yagi victims

The Vietnam Red Cross Society (VNRC) Central Committee has received humanitarian response and early recovery support from the European Union and its member states through the International Federation of Red Cross and Red Crescent Societies (IFRC)' Emergency Appeal to assist the Vietnamese people affected by Typhoon Yagi and its subsequent floodings.

Conscripted Vietnamese workers honoured with ceremony in France (Photo: VNA)

Conscripted Vietnamese workers honoured with ceremony in France

A solemn ceremony was held on October 20 in the southern city of Arles, Bouches-du-Rhône prefecture of France, to mark the 10th anniversary of the memorial dedicated to Indochinese workers who came to work in the Camargue region during World War II.

At the signing ceremony of a cooperation agreement between Bac Lieu and Uiseong county, Gyeongsangbuk-do province on sending local labourers to the RoK to work seasonally under the form of locality-to-locality collaboration between the two countries in the 2023 - 2027 period. (Photo: VNA)

Bac Lieu, Korean locality sign labour cooperation agreement

The Mekong Delta province of Bac Lieu on October 21 signed a cooperation agreement with Uiseong county, Gyeongsangbuk-do province of the Republic of Korea (RoK) on sending local labourers to the RoK to work seasonally under the form of locality-to-locality collaboration between the two countries in the 2023 - 2027 period.

(Photo: VNA)

Tien Giang strives to reduce poverty rate to 0.87% this year

The Vietnam Fatherland Front (VFF) Committees at all levels in the southern province of Tien Giang have collaborated with agencies and organisations to speed up social security programmes, aiming to reduce the province's poverty rate to 0.87% this year, said Vice President of the provincial VFF Committee Huynh Van Hai.

The Chinese sailor is rushed to FV (Franco-Vietnamese) Hospital in Ho Chi Minh City for treatment as soon as he is brought to the shore. (Photo: VNA)

Chinese sick sailor on vessel AMIS STAR provided with first aid

A ship from the Vietnam Maritime Search and Rescue Coordination Centre (VMRCC) on October 20 provided first aid to critically-ill Chinese sailor on a Liberia-flagged vessel off the coast of the southern province of Ba Ria-Vung Tau before bringing him to the shore for further treatment.

At the meeting between Deputy Minister of Home Affairs Vu Chien Thang and UN Deputy High Commissioner for Human Rights Nada Al-Nashif. (Photo: VNA)

Vietnam respects right to freedom of belief, religion: official

Deputy Minister of Home Affairs Vu Chien Thang highlighted Vietnam’s consistent policy of respecting and protecting the right to freedom of belief and religion for all people, while meeting with UN Deputy High Commissioner for Human Rights Nada Al-Nashif in his recent trip to Switzerland.