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Company leader who died by hanging involved in wrongdoing at realty project

Wednesday, November 07, 2018, 19:28 GMT+7
Company leader who died by hanging involved in wrongdoing at realty project
An ambulance waits outside the office in Thu Duc District, Ho Chi Minh City, where Vo Phi Anh was found dead on November 3, 2018. Photo: Tuoi Tre

Vietnamese police have revealed that the vice-director of a state-run firm, who was found dead by hanging at his office last weekend, was involved in the violations at a housing project in the southern province of Binh Duong.

Colonel Tran Van Chinh, deputy director of the Binh Duong Department of Police, confirmed the information to Tuoi Tre (Youth) newspaper on Tuesday.

Vo Phi Anh, 54, vice-director of Cienco 6, was discovered dead hanged at his office in Thu Duc District, Ho Chi Minh City on November 3.

Officers later confirmed that Anh had committed suicide.

Cienco 6, fully known as Civil Engineering Construction Corporation No. 6, is one of the two companies in a consortium responsible for developing Ho Chi Minh City’s first metro line, which runs from Ben Thanh Market in District 1 to the Suoi Tien Theme Park in District 9.

According to Col. Chinh, Anh was involved in the wrongdoings at a housing project in Di An Town, Binh Duong, which is being investigated by local police officers.

The project was developed by the 710 Traffic Construction JSC, which was previously a state-owned company under Cienco 6. The state later withdrew all of its capital from the company.

Covering an area of 4.68 hectares, the project was approved by the Binh Duong People’s Committee in 2001.

710 Company was only allowed to sell the properties to its clients after completing the construction and necessary procedures.

However, the firm went against the regulation and sold multiple land plots within the project before meeting such requirements.

The provincial administration wanted to revoke the land use certificate for the area of land, but the company had already mortgaged the document to a bank.

Anh’s specific role in the project has yet to be announced by officers.

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Duy Khang / Tuoi Tre News


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