Speaking to the press, a leader of Thanh Oai District People's Committee said that the Standing Committee of Thanh Oai District Party Committee has decided to invite the police to investigate the failed auction of 22 land plots in Do Dong Commune on November 30.
The police will check and grasp the situation, if there are signs of crime, they must strictly handle it according to regulations. The locality organized an auction to sell to people who really needed it, but it was unsuccessful because customers all gave up.
This morning, December 4, a leader of Thanh Oai District Police also said that the unit is verifying the failed auction of 22 land plots to see if there are "any signs".
Previously, on November 30, Thanh Oai District Land Fund Development Center and Vietnam Auction Joint Stock Company organized an auction of 22 land plots in Man Ca, Man Cong, Ma Man Trong areas, Van Quan village (Do Dong commune).
Mr. Nguyen Trong Khien - Vice Chairman of Thanh Oai District People's Committee - said that in the 8th round, the highest price was about 70 million VND/m2, but because customers all gave up, the auctioned land lots were all unsuccessful.
Thanh Oai District has organized many rounds of auctions under the direction of Hanoi People's Committee in 3 sessions, but people are still not familiar with the new method so they do not participate.
"Most of the people participating in multi-round auctions are from real estate offices. After only a few auctions are held, these people will know each other and connect with each other. Organizing multi-round auctions is only suitable for businesses doing projects," said Mr. Khien.
According to the Vice Chairman of Thanh Oai District People's Committee, the unsuccessful auction of 22 land lots this time will affect the district's budget revenue.
