On August 2, talking to Labor, Mr. Nguyen Ngoc Sam - Vice Chairman of Kon Tum Provincial People's Committee said that the unit has just sent a document to departments, project management boards, People's Committees of districts and towns... Request to improve the management of public investment capital from the State budget in the area.
Kon Tum Provincial People's Committee requires project investors to strictly comply with regulations on capital advance, amount of advance capital, time of advance... which must be specifically stated in the contract and must be consistent with the progress. Project investment level, contract implementation progress and implementation volume each year.
To avoid improper advance capital causing loss of State assets, units need to strictly and effectively manage and use advance capital for the right purposes and to the right subjects.
The heads of agencies and units direct district and city inspectors to research and have inspection plans for cases of overdue advance investment capital that have not been recovered for projects under district management.
“Investors need to ensure recovery of all overdue advances, determine individual and collective responsibility for violations in consulting on advance capital. If everything cannot be recovered, the case file will be transferred to the Inspectorate, Police, or even sued in court" - Mr. Nguyen Ngoc Sam - Vice Chairman of the Provincial People's Committee affirmed.
