New execs appointed to Vietnam firms guilty of overpaying leaders

TN News

Email Print

Cars and motorbikes stuck in heavy traffic and floodwater Wednesday. Photo by Luong Ngoc

The Ho Chi Minh City People's Committee Thursday appointed new personnel to replace the former top executives at four public service firms which were caught paying them "hugely inflated" salaries.

Pham Hung Ut, deputy chairman of Tan Phu District People's Committee; Tran Minh Khiem, deputy chairman of Binh Tan District People's Committee; Pham Quang Minh Thuy, a senior official at the city municipal administration; and Truong Dang Hung, chairman of the Go Vap District chapter of the Vietnam Fatherland Front; are the new board chairmen of the HCMC Public Light Company, the Sai Gon Traffic Works Company, the HCMC Urban Drainage Company and the HCMC Park and Green Trees Company respectively.

Huynh Tri Dung, head of the HCMC Power Corporation's business department; Nguyen Ngoc Tho, deputy director of the Urban Traffic Management Zone No. 3; Nguyen Quoc Thai, director of Gia Dinh Water Supply Company; and Pham Thiet Hoa, a senior official at the Department of Agriculture and Rural Development; are the four firms' new directors.


Like us on Facebook and scroll down to share your comment

They were designated for appointments after the city administration in September fired two and removed six other chairmen and directors of the firms for cutting workers' benefits to give themselves excessive salaries.

The city administration has yet to reveal whether the removed six executives have been reassigned to new posts.

It had in August issued a report which said that they had received annual salaries of VND691 million-VND2.6 billion (US$32,774-123,318) last year, compared to workers, who received an average of about VND22 million ($1,043) per month.

According to the city Party unit and People's Committee, they signed workers to seasonal or short-term contracts, and employed fewer workers than they declared on paper.

Speaking to Thanh Nien Tuesday, Le Manh Ha, HCMC vice mayor, said the city hall will tackle the violations thoroughly, but it needs time to carefully evaluate the erroneous salary distribution in order to properly calculate workers' losses.

Relevant authorities have been collecting the excessive salaries from the former bosses to return to the city budget in order to pay the workers in accordance with the law.

The city people's committee ordered the Department of Labor, War Invalids and Social Affairs to provide the city police with necessary documents pertaining to the case.

Like us on Facebook and scroll down to share your comment

More Society News