The Government Inspectorate is striving to conclude or speed up on-going investigations, said a conference evaluating the work done in the last four months of the year.

Investigators announced the results of investigations into the equitisation of the Vietnam Tourism Joint Stock Companies in HCM City and Hanoi, the Vietnam Post and Telecommunications Group (VNPT) and Electricity of Vietnam; the transformation of State enterprises into joint stock companies in Hanoi, the trade centre and resettlement housing projects in the south coast province of Ba Ria-Vung Tau.

Five completed results were land use plans at a number of urban industrial projects in the northern province of Hung Yen, the management and exploitation of natural mineral resources in the central province of Nghe An, land use in the central province of Quang Binh, compulsory social insurance at Vietnam Social Insurance and land use, site clearance, and compensation and resettlement at the Hanoi National University construction investment project.

The sector has begun new investigations on land use and the management of basic construction investment in a number of projects in the central province of Thua Thien-Hue and industrial waste treatment projects in HCM City and the southern province of Long An.

The sector also received the go-ahead to inspect a number of commercial banks.

During the July-October period, inspectors nationwide launched 3,083 inspections and completed almost 2,320 of them. They discovered that more than 175 billion VND and 545 ha of land were misused and proposed punishments for 255 collectives and 754 individuals.

State managerial investigations were also conducted into 61,659 organisations and individuals, uncovering 25.6 billion VND in illegalities A petition was filed to revoke the funds.

Also in the reviewed period, the Government Inspectorate announced the conclusion of 15 inspections and were finalising 15 others.

Inspectors also uncovered more than 1.47 billion VND in misappropriated funds as a result of 12 investigations which involved 27 people./.