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Updated news related to asset origin
'Legal cover' for corrupt assets?
Will imposing a 45% tax on the assets and incomes of public officials that are not truthfully declared give corrupt assets a "legal" stamp?
News
Many people explain the origin of their assets 'formed from raising pigs and chickens'
At the inspection conference of ministries and branches in the first 6 months of 2017 on the afternoon of July 5, Major General Pham Le Xuat - Deputy Chief Inspector of the Ministry of Public Security - said that because there are no regulations on tracing the origin of assets, many people explained that they were "formed from raising pigs and chickens" (!).
What does Quang Teo do to have such a huge fortune?
A cool garden house, a comfortable 2-storey shophouse and a small house as a souvenir, what did Meritorious Artist Tien Quang (Quang 'teo') do to have such a huge property?
Officials who cannot explain the origin of their unexplained assets will be sued in court.
According to the draft Law on Anti-Corruption (amended) which is being widely consulted, if civil servants and public employees are found to have actual assets and incomes greater than those declared, the agency or unit controlling assets and incomes can initiate a civil lawsuit at a competent Court to rule on the ownership of the difference in assets and incomes if they cannot reasonably explain it.
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