Prime Minister Nguyen Tan Dung has monitored
very closely for the
arrest of fugitive official Duong Chi Dung, said Vu Duc Dam,
Minister-Chairman of the Government Office in a recent meeting.
The general inspection of the
Vietnam National Shipping Lines (Vinalines) for investigation, prosecution and
the application of preventive measures, especially for Duong Chi Dung, have
been conducted in accordance with the provisions of the law, said Minister Dam
at the monthly conference of the Government Office.
Prime Minister Nguyen Tan Dung,
who is also the Head of the Central Steering Committee on Anti-Corruption, has
ordered relevant state agencies to handle this case very closely from the
beginning, as prescribed by law, he added.
“The PM’s direction follows his
statement that that all persons are equal before the law, without any
exception.”
Duong Chi Dung fled away one day
before the official issue of an indictment and arrest warrant issued for him in
early May.
Dung has been wanted
internationally since May 19 following his alleged economic offenses when he
was board chairman of Vinalines.
Minister Vu Duc Dam said the
Prime Minister also directed to clarify whether or not there are the acts of
covering up and abetting Duong Chi Dung escape for appropriate punishments.
No "forbidden zones"
Regarding the arrest of banking
mogul Nguyen Duc Kien late last month, Minister Dam said are no "forbidden
zones" in handling banking crime and criminals.
As the national banking system is
the lifeblood of the economy, its own weaknesses have been one of the major
causes for macroeconomic instability in the past few years, he said.
Therefore, the restructuring of
the banking system to ensure the healthy development of the economy is the top
priority task at present, he said, adding that the problem had been raised
before the arrest of Kien .
In the criminal law of Vietnam,
there are currently no specific charges for "illegal acquisition in
banking sector”.
However, the national law on
credit institutions currently regulates a limit on the percentage share of
ownership to minimize such unhealthy activities and prevent any individual or
organizations from obtaining the right to govern a bank.
It states that an individual shareholder
may not own more than 5 percent of the charter capital of a credit institution,
while institutional shareholders may not own more than 15 percent of the
charter capital of a credit institution, except in some special cases.
In addition, shareholders and
their relevant individuals may not own over 20 percent of the charter capital
of a credit institution.
As a result, violations in
banking acquisitions occur when individuals or organizations circumvent the
provisions of the cap on share ownership percentage.
Therefore, the authorities have
carried out the necessary work, some of which have been informed to press
agencies. The most important task is to clean up the whole system to ensure
that the lifeblood of the economy to be streamline, thus making the economy
healthy.
Regarding Tuoi Tre reporter’s
question that should the Government measure the knock-on effects to the banking
system when issue the arrest warrant for Kien, Dam said though there were
negative impacts to the operation of the Asia Commercial Bank (ACB) a few days
after the arrest Kien, the situation was stabilized then.
“Of course the government had
mapped out many impact assessment plans to the banking system beforehand. If
not, how could we stabilize the situation as it occurred?"
TUOI TRE
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