Review and discipline a series of leaders of the State Securities Commission, HoSE and HNX

The Central Inspection Committee found that Mr. Vu Bang, Tran Van Dung, Le Hai Tra… were personally responsible for violations and shortcomings in the performance of their assigned responsibilities and duties regarding securities management. .

At the 13th meeting of the Central Audit Committee (CSC) from March 28 to March 31, chaired by Mr. Tran Cam Tu, Chairman of the Central Audit Committee, reviewed the inspection results when there were signs of violations. for the Party Committee of the State Securities Commission for the 2015-2020 term.

Mr. Tran Cam Tu, Chairman of the Central Economic Committee, chaired the meeting

In conclusion, the Central Audit Committee found that the Party Committee of the State Securities Commission had violated the principle of democratic centralism and the working regulations; lack of responsibility, loose leadership, direction, lack of inspection and supervision, so that some organizations and individuals under the State Securities Commission have many violations and shortcomings in advising on institutional building, policies and implementation of state management of securities activities and the securities market, so that a number of organizations and individuals violate the law, manipulate the market, and gain illicit profits.

The officials include Mr. Vu Bang, former Secretary of the Party Committee, former Chairman of the State Securities Commission; Tran Van Dung, Secretary of the Party Committee, Chairman of the State Securities Commission; Nguyen Thanh Long, Secretary of the Party Committee of the Hanoi Stock Exchange (HNX), Chairman of the Members’ Council of the Vietnam Stock Exchange, former Deputy Secretary of the Party Committee, former Vice Chairman of the State Securities Commission , former Chairman of the Board of Directors of the Hanoi Stock Exchange; Le Hai Tra, Secretary of the Party Committee, General Director of the Ho Chi Minh Stock Exchange (HoSE), former Member in charge of the Board of Directors; Nguyen Son, Secretary of the Party Committee, Chairman of the Board of Directors of the Vietnam Securities Depository Center, are jointly responsible for violations and shortcomings of the Party Committee of the State Securities Commission, the Stock Exchange. Ho Chi Minh City Stock Exchange, Hanoi Stock Exchange, Vietnam Securities Depository Center; take personal responsibility for violations and shortcomings in the performance of assigned responsibilities and tasks.

The above violations have caused serious consequences, negatively affecting the stock market, reducing investor confidence, the reputation of party organizations and the State Securities Commission, causing frustration in the society. society, to the point of consideration and disciplinary action.