(Dan Tri) - The People's Committee of Quang Nam province requested the investor to continue to promote the implementation of 3 projects that owe people 1,000 red books, in which it requested relevant parties to resolve the problems at the 7B expansion project.
The 7B expansion project is one of three projects (along with Hera Complex Riverside and Bach Dat 1) that Bach Dat An Joint Stock Company (Bach Dat An) is the investor in, and owes people 1,000 red books.
Mr. Tran Nam Hung, Vice Chairman of Quang Nam Provincial People's Committee, signed a document requesting Bach Dat An to work with Gaia Real Estate Investment Company Limited (Gaia Company), the capital contributor to the 7B expansion project, to resolve related issues according to their authority and the signed contract between the units. Both parties are responsible for arranging sufficient funding to implement the project.
According to Mr. Diep Bao Long, General Director of Bach Dat An, at the latest meeting between the two sides on December 23, 2024, the representative of Gaia Company did not cooperate in project implementation and did not fulfill financial obligations for the investor to construct.
Project 7B expansion (Photo: Cong Binh).
According to Mr. Diep Bao Long, with this situation, Bach Dat An will implement the 7B expansion project in phases, temporarily not completing the infrastructure construction of the part invested by Gaia Company in this project.
The 7B expansion project is invested by Bach Dat An and invested by Gaia Company, with a signed contract value of more than 144 billion VND.
Gaia Company has sold 435 plots of land in the project since 2017, collecting nearly 123 billion VND from customers. Gaia Company has paid the investor more than 100 billion VND, still owing tens of billions of VND.
Recently, Bach Dat An has continuously requested Gaia Company to transfer the customer's deposit to implement infrastructure and issue red books at this project as requested by the People's Committee of Quang Nam province.
However, Gaia Company has repeatedly delayed and shown signs of intentionally not implementing.
It is known that Ms. Dinh Anh Dao - the legal representative of Gaia Company - is being temporarily suspended from leaving the country by the Civil Judgment Enforcement Department of Hai Chau District, Da Nang City.
Mr. Pham Hung Phu (a customer who bought land at the 7B expansion project) requested Gaia Company to fulfill its financial obligations so that the investor could deploy the project's infrastructure and issue red books to the people.
"This is the amount of money Gaia Company collected from the people. We request the police to intervene when the company refuses to transfer this amount to the investor," said Mr. Phu.
Another customer, Mr. Tran Van Minh, was upset: "Recently, our customers sued Gaia Company along with the project investor. The court ruled that these two units are responsible for continuing the capital contribution contract and issuing red books to the people. However, Gaia Company did not cooperate, so the court's verdict could not be implemented."
In December 2024, the National Assembly delegation of Quang Nam province organized a meeting with voters, including voters who bought land at the 7B expansion project, requesting clarification on where the money that Gaia Company collected from customers, nearly 123 billion VND, was and was it used for the wrong purpose?
The National Assembly Delegation of Quang Nam province forwards this petition to the Quang Nam Provincial Police for consideration within its scope and authority to respond to citizens to ensure their legitimate rights.
In 2017, Bach Dat An signed a contract with Hoang Nhat Nam to distribute nearly 1,000 plots of land in 3 projects: 7B urban area expansion, Hera Complex Riverside and Bach Dat 1. After that, the 2 companies had a dispute and took each other to court.
Courts at all levels have issued legally effective judgments, forcing Bach Dat An to continue to perform the deposit contract and distribute land plots. However, this company has not executed the judgment, violated its commitments on project implementation deadlines, and has not fulfilled its financial obligations.
The dispute has lasted for many years, causing nearly 1,000 land buyers to suffer in demanding red books, causing public outrage and affecting local security and order.
Source: https://dantri.com.vn/bat-dong-san/vu-no-1000-so-do-chi-dao-thao-go-vuong-mac-du-an-7b-mo-rong-20250104104015567.htm
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