The Politburo disciplined and warned former Deputy Prime Minister Vu Van Ninh.
Mr. Vu Van Ninh's violations are serious, causing huge losses to the State's money and negatively affecting the reputation of the Party organization and individuals.
On July 19, 2019, in Hanoi, under the chairmanship of General Secretary and President Nguyen Phu Trong, the Politburo met to consider and take disciplinary action against Mr. Vu Van Ninh - former member of the Party Central Committee, former member of the Government Party Committee, former Deputy Prime Minister. After considering the proposal of the Central Inspection Committee, the Politburo found that:
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| Former Deputy Prime Minister Vu Van Ninh. Photo: Dan Tri |
As a member of the Party Central Committee, member of the Party Committee of the Government, Deputy Prime Minister (in charge of enterprise innovation from August 2011 to April 2016), Mr. Vu Van Ninh signed documents agreeing to reduce and divest all State capital at Quy Nhon Port Joint Stock Company; sell the existing State capital at Quang Ninh Port Joint Stock Company; agree in principle to allow the People's Committee of Khanh Hoa province, after receiving the transfer of Nha Trang Port Joint Stock Company, to continue to divest State capital in the direction that the State does not hold controlling shares; agree in principle to equitize the parent company - Vietnam Airports Corporation (this enterprise is not subject to equitization); agree in principle to equitize 10 inland waterway management sections, these are economic public service units that have not been regulated for equitization.
The contents of the documents Mr. Vu Van Ninh signed above are contrary to the Conclusion of the Politburo and the Decree of the Government on equitization, divestment of State capital associated with restructuring of State-owned enterprises...
In his capacity as a member of the Party Central Committee, Secretary of the Party Committee, Minister of Finance and Chairman of the Board of Management of Vietnam Social Security (from July 2006 to 2011), Mr. Vu Van Ninh lacked responsibility in leadership, direction, inspection, supervision, violated the Law on Social Security, the Government's Decree stipulating the functions, tasks, powers and organizational structure of Vietnam Social Security; allowing two General Directors of Vietnam Social Security (2008 - 2009) to seriously violate the provisions of law in signing contracts for Finance Leasing Company II, a non-bank credit institution under the Bank for Agriculture and Rural Development of Vietnam, to borrow VND 1,010 billion.Up to now, Financial Leasing Company II has gone bankrupt, causing the State to suffer huge losses in principal and interest. Two leaders of Vietnam Social Security and many related officials and party members have been prosecuted for criminal investigation.
The Politburo found that the violations and shortcomings of former Deputy Prime Minister Vu Van Ninh were serious, causing huge losses of State money, negatively affecting the reputation of the Party organization and him personally, causing bad public opinion, and requiring strict disciplinary action according to Party regulations.
During the review process, Mr. Vu Van Ninh clearly recognized his personal responsibility for violations and shortcomings in performing assigned duties and tasks.
Pursuant to Regulation No. 102-QD/TW dated December 15, 2017 of the Politburo on disciplinary action against violating Party members, considering the content, nature, level, consequences of the violation and the working process, dedication and contribution of Mr. Vu Van Ninh to the Party and the State, the Politburo decided to discipline former Deputy Prime Minister Vu Van Ninh with a warning. The Politburo requested the competent authority to handle administrative disciplinary action against Mr. Vu Van Ninh in accordance with Party disciplinary action.
