Handling officials of 5 central agencies related to MobiFone's purchase of AVG

vnexpress.net September 15, 2018 09:42

Three ministries, along with the Government Office and Binh Duong province, were asked to handle individuals related to the MobiFone purchase of AVG.

On September 14, the Central Inspection Committee announced the review of the results of the review by the Ministry of Planning and Investment, the Ministry of Finance, the Government Office, the Ministry of Public Security and the People's Committee of Binh Duong province regarding the responsibilities related to the violations that occurred in the project of Mobifone Telecommunications Corporation buying 95% of the shares of Global Audiovisual Joint Stock Company (AVG).

Accordingly, Party committees and organizations in the above-mentioned agencies and localities are required to direct the review and handling of relevant collectives and individuals according to their authority.

The Central Inspection Committee will report to the Secretariat to direct the review and handling of a number of officials under the Central management.

MobiFone's project to buy 95% of AVG has a total investment of VND8,900 billion. Photo:Anh Tu

Previously, the conclusion of the Government Inspectorate was announced on the afternoon of March 14, clearly stating the violations of ministries and branches related to the MobiFone project of buying AVG.

The inspection agency stated that this is a very serious economic case, the project has a total investment of 8,900 billion VND, however, MobiFone's violations, violations of regulations, and lack of responsibility lead to the risk of serious damage to the State's capital at this enterprise of about 7,006 billion VND...

The first responsibility belongs to the Ministry of Information and Communications. In addition, the inspector also pointed out violations and shortcomings of 5 other ministries and localities.

According to the authorities, AVG registered its headquarters in Thu Dau Mot city, Binh Duong province. Of which, 4 frequency channels that AVG was licensed by the Ministry of Information and Communications to use to pilot the "investment project to build transmission infrastructure, digital broadcasting and develop digital entertainment television activities paid" by AVG in cooperation with Binh Duong Radio and Television Station (approved by the Prime Minister for pilot implementation).

WithMinistry of Planning and Investment, the inspection conclusion stated that the Ministry's document No. 721 dated November 24, 2015 sent to the Prime Minister, requesting approval of the project's investment policy, was not in accordance with the provisions of the Investment Law.

Notably, after MobiFone signed a contract to transfer 95% of AVG shares and paid 95% of the contract value, on January 22, 2016, the Ministry of Planning issued document No. 27, which clearly stated the direct impact with many risks and dangers from purchasing 95% of AVG shares while MobiFone was in the process of equitization and "requested to stop implementing the project".

The opinions of the Ministry of Planning in the above two documents are inconsistent, the responsibility belongs to the relevant officers and civil servants of this Ministry.

Ministry of Financeresponsible for state management of the financial sector, directly related to the implementation of MobiFone's equitization, and failed to promptly provide full and comprehensive analysis, assessment, and recommendations on the direct impacts of the enterprise spending a huge amount of capital to invest in the project, negatively affecting the equitization process...

Government OfficeThe project documents have not been completed yet, but documents have been sent to the Ministry of Planning and Investment and the Ministry of Finance for comments; compiled, analyzed, gave opinions for examination, and submitted to the Prime Minister for approval in principle for MobiFone to buy shares of AVG Company to develop television services...

WithMinistry of Public Security,The inspection agency stated that MobiFone's acceptance of the transfer of 95% of AVG shares is not a state secret, but based on the request of the Ministry of Information and Communications, the Ministry of Public Security has a document agreeing with this Ministry on putting this transaction document in the list of secret documents of the Ministry of Information and Communications with the level of "CONFIDENTIAL", implementing the confidentiality of the purchase and sale, without limiting the time of information confidentiality, is not appropriate...

Developments in MobiFone's purchase of AVG shares. (Click on the image to see the full version)

Regarding the MobiFone project of buying AVG shares, recently, the Government Inspectorate and the Central Inspection Committee have pointed out the violations of the relevant collectives and individuals.Ministry of Information and Communicationsand discipline, recommend competent authorities to consider discipline.

On July 10, the Investigation Police Agency (Ministry of Public Security) initiated a case of Violation of regulations on management and use of public investment capital causing serious consequences (Article 220 of the 2015 Penal Code) occurring at MobiFone Telecommunications Corporation and related units; prosecuted and detained Mr. Le Nam Tra (57 years old, former Chairman of the Board of Directors, former General Director of MobiFone) and Mr. Pham Dinh Trong (48 years old, Head of the Department of Enterprise Management, Ministry of Information and Communications) for the same crime.

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Handling officials of 5 central agencies related to MobiFone's purchase of AVG
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