Vietnam Minister of Information and Communications, Truong Minh Tuan, was suspended on Monday for alleged involvement in a financial scandal at a state-owned telecom company, state media reported.
According to the report, Tuan’s suspension was ordered by President Tran Dai Quang.
He was previously dismissed on July 12 as party chief at the ministry by the Communist Party’s Politburo, the country’s supreme decision-making body.
Tuan’s punishments stem from a now-cancelled deal in which the mobile carrier MobiFone acquired a 95 per cent stake in pay TV firm AVG.
Former minister, Nguyen Bac Son, had approved the acquisition without approval from the Prime Minister’s office, while Tuan, then his deputy, had signed the decision to approve the deal.
The deal was found to have caused a 307 million dollars loss to the state budget.
Source: NAN
