Politburo member and Minister of Public Security General To Lam, who is also deputy head of the Central Steering Committee on Anti-Corruption, has lauded efforts of the Finance Ministry’s Party committee in the reclamation of assets in corrupt and economic cases.

Politburo member and Minister of Public Security General To Lam, who is also deputy
head of the Central Steering Committee on Anti-Corruption, speaks at the working session.
(Source: tapchitaichinh.vn)

He made the appraisals at a working session between the Central Steering Committee’s working group No. 2 and the ministry’s Party committee in Hanoi on May 6. 

Lam, who heads the working group, urged the ministry’s Party committee to work closely with the Government Inspectorate and relevant agencies in building and perfecting anti-corruption policies and laws, and realising the UN Convention against Corruption, thus raising the efficiency of the asset reclamation work. 

Besides, it should join hands with competent agencies in fighting smuggling, trade fraud, tax evasion and money laundering, he said. 

According to the ministry’s Party committee’s draft report, between 2013 and September 2018, 16 corrupt cases with corrupted money of 15.39 billion VND (661,654 USD) were uncovered in the tax sector, of which 4.56 billion VND (196,080 USD) was recovered. 

Tax agencies transferred 551 cases violating legal regulations on taxation to investigation agencies, of which 119 faced legal proceedings and 348.6 billion VND (14.98 million USD) were retrieved.

Meanwhile, the customs sector directly commenced legal proceedings against 248 cases violating legal regulations on the field with 1.03 trillion VND (44.29 million USD) worth of violated assets, and proposed the taking of legal proceedings against 452 other cases. Officers in seven cases faced criminal charges and 62 others were prosecuted.

Agencies and units under the ministry have teamed up with competent agencies in seizing corrupt assets, goods and objects, and blocked bank accounts in line with the law.

They have paid attention to administrative reform and IT application in management and instruction, contributing to preventing corruption in the financial sector.