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“Green army, red army”, “hammock”, “bigger ring, bid ring” in land auction

This morning (June 1), the National Assembly discussed in the hall on additional assessment of the results of the implementation of the socio-economic development plan and the state budget in 2021; implementation of the socio-economic development plan and the state budget in the first months of 2022.

In the comment section, delegate Nguyen Thi Thuy (Bac Kan delegation) mentioned the land auction – about the recent hot issue in public opinion.

According to delegate Thuy In recent times, many businesses have used the trick of winning bids to put down deposits. Win with a towering auction price, then drop the stake, in order to stimulate land prices, inflate land prices to manipulate the market, benefit a minority group. Paying too high a price and then dropping the deposit as in the past time has led to many consequences.

“For example, in Thu Thiem, right after the land auction, many investors took advantage of the winning bid price, which is actually a virtual price to splash water in the rain, pushing up land and house prices in Ho Chi Minh City. , in order to promptly sell a large number of houses and land that they had purchased before,” said Ms. Thuy.

In addition, there are investors who also take advantage to increase the value of their stocks and bonds, more dangerously there are investors who also take advantage to “defle” the value of collateral assets for bank loans. banks, which, if successful, can drain the banks. According to this female delegate,

“The fact that land prices are pushed up too high, along with virtual prices, will make the dream of settling down for low-income people even more distant,” said delegate Thuy.

Green army, red army, hammock, bid round, surround bids in land auction - Photo 1.

Delegate Nguyen Thi Thuy (Bac Kan delegation) if the incident in Thu Thiem to point out the towering auction trick, then remove the stake, for the purpose of stimulating land prices, blowing up land prices

Next, Ms. Thuy mentioned the status of “blue army, red army”, colluding to pin the price in land auction. The shaking hands to fix prices and buy cheap State assets, especially land, took place at many auctions.

Collusion can take place with auction participants, also known as “red pieces, green pieces”, to pave the way for a predetermined investor with cheap and real value of many lots. The land has been drowned by the “green army, red army”, “Ms. Thuy stated the fact.

In addition, in fact, some people even use the gangsters to threaten to scare many investors, give up, withdraw their records. At that time, the auction actually had only 1 participant, only one market. The others are just their “green troops” and the prices of these plots are controlled by the objects and are almost predetermined, much lower than the market price and only higher than the price at zero. significantly.

“It can be said that these tricks have caused great damage to the state’s assets, not merely violations of regulations on auction and bidding,” Ms. Thuy said.

Green army, red army, hammock, round bid, surround bid in land auction - Photo 2.

Delegate Nguyen Thi Thuy mentioned the situation of “insiders” in the land auction

The third is the state of underground handshake and gutting of the State. Ms. Thuy said that as reflected by the real estate business, it was impossible to influence the auction without “insiders”.

At the level of simple violations, it is also necessary to have insiders to provide information to be able to organize a bid ring and bid ring at a cheap price. And at a more serious level of violation, it is colluding with competent people to form an interest group, draining the state’s intestines at auctions.

“For example, in the recent case in Hanoi, the subjects shook hands with responsible people to adjust the land price to less than half the original price. From 500 billion VND to 300 billion VND, If these violations are successful, the State will lose nearly half of the property value, but so far, 8 defendants have been prosecuted in this case, of which 2 are project managers. However, public opinion is wondering whether there are more missions like this that have not been exposed?”, asked the Bac Kan delegation.

Green army, red army, hammock, circling bids, surrounding bids in land auction - Photo 3.

Delegate Nguyen Thi Thuy (Bac Kan delegation) warned of the phenomenon of “blue army, red army” in land auction

Finally, the situation of brackets in valuation. According to Ms. Thuy, price appraisal is a very important step in each land auction, however, many experts believe that the law has given this organization too great a function. While the control mechanism is very loose.

According to Ms. Thuy, this is one of the reasons leading to many mistakes in land price appraisal in recent times. From the cases that have been handled in the past time, it can be seen that the same act of hooking up between the appraiser and the organizations and individuals in the auction, but for the equipment procurement bidding packages, with the state budget, the appraised price in many cases is much higher than the actual value. As for the state-owned land lots put up for auction, in many cases, the appraised price offered is very cheap.

“These acts are all self-seeking, causing serious damage and infringing upon the interests of the state,” said delegate Nguyen Thi Thuy.

Faced with this fact, the Bac Kan delegation suggested that the Government should strengthen stricter control, strengthen the direction of inspection and inspection of land auction activities. In addition, the Ministry of Public Security selected a number of land auctions with a lot of public opinion to verify, investigate and clarify, in order to increase deterrence and prevent violations in this activity.


According to Thuy An

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