Axar.az
UP
25 April 2018


Vietnam says violations found at central bank in war

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

Vietnam has found faults with the central State Bank of Vietnam, including poor supervision of credit organizations and inefficiency in preventing corruption, the government said on Saturday.

Axar.az reports citing Reuters that, the announcement, which was published on the government’s website, came amid an intensifying crackdown on corruption that has pushed many state executives and government officials into the spotlight.

The Government Inspectorate found the bank slow and not complying with regulations when publicizing its properties and revenues, the report said, without elaborating.

Government officials have to reveal their incomes and properties to the public.

Inspectors also pointed out violations by SBV’s banking supervision agency, a department in charge of overseeing and examining credit organizations, from 2010 to 2015.

“Credit organizations had several faults but during inspection, the supervising department did not promptly detect them to deal with and prevent them,” the government said.

The inspectorate has called for the state bank governor to investigate groups and individuals behind the violations.

Vietnam’s crackdown on corruption and mismanagement, with a focus on inefficient state-owned companies, earlier led to the rare dismissal of a member of the politburo and the sacking of a vice-minister.

Four more officials from a scandal hit state-oil firm are being prosecuted over links to investment losses in a local bank.

Date
2017.09.02 / 10:52
Author
Axar.az
Comments
See also

Canada: After attack, Trudeau says don't give into fear

UN, EU hold conference to boost aid for Syria

PACE 'double standard' for postponed polls

Syria: Regime attacks kill 20 in Yarmouk camp

CoE may take action against Russia in event of failure

US defence official comments on relations with Russia

Armoured vehicle maker BMC wins Turkish battle tank bid

Donald Trump, Emmanuel Macron hold a joint presser

Opposition leader says ready to be Armenia’s premier

Prosecutor seeks life sentence for Bosnian Serb ex-leader

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla