Reviewing and disciplining a series of leaders of the State Securities Commission

The meeting of the Central Inspection Committee, which took place from March 28 to 30, reviewed the inspection results when there were signs of violations against the Party Committee of the State Securities Commission for the 2015-2020 term.

The Central Inspection 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 and market activities stockfor some organizations and individuals to violate the law, manipulate the market, and gain illicit profits.

Chairman of the State Securities Commission Tran Van Dung

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, 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 State Securities Commission. Chairman of the Board of Directors of the Hanoi Stock Exchange; Le Hai Tra, Secretary of the Party Committee, General Director of Ho Chi Minh City Stock Exchange, 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; take personal responsibility for violations and shortcomings in the performance of assigned responsibilities and tasks.

The above officials are responsible for the violations and shortcomings of the Party Committee of the State Securities Commission, the Ho Chi Minh City Stock Exchange, the Hanoi Stock Exchange, and the Securities Depository Center. Vietnam; 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 extent that it must be considered and handled discipline.

According to Vietnamnet