Hundreds of people in Hanoi are seeking help after learning that the apartment building project in which they bought space had no construction permit.
People protest against investors
The planned 83-storey apartment building in Hoang Mai District was to be built by investor, Hung Son Mechanical. Construction started in 2009, and after one year, eight floors were completed. The quick pace of construction initially brought optimism to buyers.
When the investors call for more funds, hundreds of households were willing to contribute over VND100 billion so that construction could be completed in the last quarter of 2012. However, in March 2011, the project was halted due to the lack of a construction permit. According to the households, they tried to help the investors with legal procedures, but after three years the investor is still unable to acquire the permit.
Hanoi authorities granted the land to Hung Son Company to build an office and showroom. Nguyen Dinh Luong, director of Hung Son Mechanical, then transferred all Hung Son Company’s shares to his wife’s company, Ngoc Lan Real Estate. Luong’s wife then used the land to build an apartment building and an office and trade centre, despite the fact that she had no construction permit.
After receiving complaints from people living near the project site in 2010, Hanoi authorities investigated the project transfer and capital-raising activities of the two companies. Nguyen Khac Tho, the former deputy head of the Department of Construction, confirmed that the investors had violated regulations. Meanwhile, the Department of Natural Resources and Environment asked they halt all construction activity on the land.
Households that made contributions demanded to be reimbursed after waiting for years. Hung Son Company promised to return the funds by May 25, 2013 if construction had to be abandoned. However, they have yet to return any funds, saying that they are still in the process completing procedures to continue the project.
Hundreds of people submitted denunciation letters to police in Hanoi and in Hoang Mai District. The case is still under investigation.
Customers file complain over unlicensed building Related image(s)
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