Vietnam Police Arrested Listed Property Developer LDG Investment Chairman Nguyen Khanh Hung for Illegal Building & Selling of 680 Houses, Infrastructure & Park at Dong Nai Tan Thinh Residential Project Vivia Park, Officials & Individuals Arrested for Corruption
8th December 2023 | Hong Kong
Vietnam police has arrested listed property developer LDG Investment Chairman Nguyen Khanh Hung for illegal building & selling of 680 houses, infrastructure & park at Vietnam Dong Nai Tan Thinh Residential Project (Vivia Park), with officials & individuals arrested for corruption. Vietnam Police: “Expanding investigation into the case of “Abuse of positions and powers while performing official duties” occurring at the Tan Thinh residential area project (Doi 61 commune, Trang Bom district) by LDG Investment Joint Stock Company. The investor and Dong Nai Provincial Police prosecuted the defendant and temporarily detained Nguyen Khanh Hung, Chairman of the Board of Directors of LDG Investment Joint Stock Company. Specifically, on November 29.11, the Police Department of Dong Nai Province issued a decision to prosecute the defendant and issued a temporary arrest warrant for Nguyen Khanh Hung for “deceiving customers” prescribed in Article 198 of the 2015 Penal Code. (amended and supplemented in 2017). The above decisions were approved by the People’s Procuracy of Dong Nai province, On November 30.11, the Police Department of Dong Nai Province coordinated with the People’s Procuracy at the same level to organize the execution of a search warrant at the residence and workplace of defendant Nguyen Khanh Hung. Previously, on May 29.5, the Dong Nai Police Investigation Police Department issued a decision to prosecute a criminal case for the crime of “Abusing position and power while performing official duties” prescribed in Article 356, Penal Code of 2015. 2017 (amended and supplemented in XNUMX) to investigate and clarify violations during implementation at the Tan Thinh residential project.” See below for more info:
“ Vietnam Police Arrested Listed Property Developer LDG Investment Chairman Nguyen Khanh Hung for Illegal Building & Selling of 680 Houses, Infrastructure & Park at Dong Nai Tan Thinh Residential Project Vivia Park, Officials & Individuals Arrested for Corruption “
Vietnam Police Arrested Listed Property Developer LDG Investment Chairman Nguyen Khanh Hung for Illegal Building & Selling of 680 Houses, Infrastructure & Park at Dong Nai Tan Thinh Residential Project Vivia Park, Officials & Individuals Arrested for Corruption
29th November 2023 – Expanding investigation into the case of “Abuse of positions and powers while performing official duties” occurring at the Tan Thinh residential area project (Doi 61 commune, Trang Bom district) by LDG Investment Joint Stock Company. The investor and Dong Nai Provincial Police prosecuted the defendant and temporarily detained Nguyen Khanh Hung, Chairman of the Board of Directors of LDG Investment Joint Stock Company.
Specifically, on November 29.11, the Police Department of Dong Nai Province issued a decision to prosecute the defendant and issued a temporary arrest warrant for Nguyen Khanh Hung for “deceiving customers” prescribed in Article 198 of the 2015 Penal Code. (amended and supplemented in 2017). The above decisions were approved by the People’s Procuracy of Dong Nai province,
- On November 30.11, the Police Department of Dong Nai Province coordinated with the People’s Procuracy at the same level to organize the execution of a search warrant at the residence and workplace of defendant Nguyen Khanh Hung.
- Previously, on May 29.5, the Dong Nai Police Investigation Police Department issued a decision to prosecute a criminal case for the crime of “Abusing position and power while performing official duties” prescribed in Article 356, Penal Code of 2015. 2017 (amended and supplemented in XNUMX) to investigate and clarify violations during implementation at the Tan Thinh residential project.
- Through the investigation process, on June 16.6, Dong Nai Police Investigation Police Department prosecuted the defendant and executed an arrest warrant against Mr. Phan Duy Nghia (59 years old), former Head of the H. Trang Bom and Mr. Nguyen Hai Trieu (45 years old), Deputy Head of Urban Management Department of H. Trang Bom.
- In addition, the Dong Nai Police Investigation Police Department also prosecuted (released on bail) Ms. Nguyen Lan Hanh, a specialist at the Department of Natural Resources and Environment of Trang Bom District.
- On September 26.9, the Police Department of Dong Nai Province coordinated with the People’s Procuracy at the same level to execute an order to prosecute the accused and temporarily detained two more officers, namely Mr. Luong Quang Huy (2 years old), former Deputy Head of the Department of Management. Urban Manager of Trang Bom, now Chairman of Giang Dien Commune People’s Committee (Trang Bom District) and Nguyen Van Nhat Huy (44 years old, specialist of the Urban Management Department of Trang Bom) on charges of abusing their positions, powers while performing official duties.
- Violations at the Tan Thinh residential project are a case that has been put on watch by the Central Steering Committee on preventing and combating corruption and negativity (by the end of 2022). Currently, the case is being further investigated and clarified by Dong Nai Provincial Police.
- In March 3.2023, the Chairman of Dong Nai Provincial People’s Committee signed the inspection conclusion of this project. According to inspection conclusions, the Tan Thinh residential project invested by LDG Investment Joint Stock Company has a total area of 18,22 hectares. From 2018 to 2020, although the procedures for land allocation, land lease, permission to change land use purposes and construction permits have not been carried out, the investor has illegally built 680 houses and infrastructure. traffic, parks… LDG Investment Joint Stock Company also signed house purchase and sale contracts with 60 customers with a total value of more than 132 billion VND.
- Also according to the Inspectorate of Dong Nai province, the project has a total of 12,7 hectares of rice land, but the relevant agencies only counted and determined 6,34 hectares, leading to failure to promptly report to competent authorities. to ask the Prime Minister for permission to change the purpose of rice land (according to the 2013 Land Law, changing the purpose of rice land of 10 hectares or more is under the authority of the Prime Minister).
- The inspection conclusion also stated that in May 5.2018, the People’s Committee of Hill 61 commune (Trang Bom District) inspected and detected violations but did not make a record of administrative violations. By June 6.2018, the Department of Planning and Investment of Dong Nai province coordinated with the Department of Natural Resources and Environment of Trang Bom district to inspect the project and make a record of the current status, but the content was edited. Specifically, the phrase “the investor has leveled the site” to “the investor has cleared the site”, leading to the recording of the current situation which is not true to reality.
From the above violations, Dong Nai Provincial Inspectorate pointed out more than 20 individuals involved in violations, including leaders of the People’s Committee of Trang Bom; leaders and experts of the Department of Natural Resources and Environment of Trang Bom District, District Land Fund Development Center; 4 chairmen and vice chairmen of the People’s Committee of Hill 61 commune and commune land officials; Director and Chief Inspector of Dong Nai Department of Construction during the period when LDG Investment Joint Stock Company implemented the project and 2 individuals from Dong Nai Department of Planning and Investment participated in inspecting, preparing and correcting incorrect confirmation records. . In addition, there are 13 organizations involved in violations. The Chairman of Dong Nai Provincial People’s Committee requested to organize a review, clarify responsibilities, and have a form of handling according to authority for violating organizations and individuals.
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- June 2024 - Hong Kong
- June 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Investment Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
