The Department of Planning and Investment has been tasked to review the entire process of implementing the project, especially legal grounds, and exactly determine the total investment level of the project.
In addition, the agency has been required to check contracts and negotiation minutes of bid package contracts to ensure all have abided by the law and prevent loss and damage for the state budget.
The city has required the investor of the project, HCMC Urban Railway Management board, and those who have committed wrongdoings to seriously implement conclusions and proposals by the State Audit Office and report results before March 31.
So far, 62 percent work volume of Ben Thanh-Suoi Tien metro line has been done.
Previously, the State Audit Office of Vietnam reported that the project implementation process contained lot of wrongdoings and the city’s approval of total investment capital adjustment in 2011 neither showed the right value nor followed the right process and order and did not fall within the city’s jurisdiction.
The Audit Office also announced some other violations and proposed financial handling worth VND2.9 trillion (US$125.12 million) comprising state budget payment of over VND18 billion, value added tax arrears collection of VND53 billion and payment cut to contractors by VND96 billion.
To the remaining VND2,860 billion, the city People's Committee asked HCMC Urban Railway Management Board to base on audit results to negotiate with contractors to reduce the contract value of some bid packages to prevent investment capital loss.
