
Many flaws detected during the audit of BOT and BT projects
In the first meeting session of National Assembly, State Audit has pointed out several flaws in the investment and operation stage of BOT and BT projects. In specific, conditions for disbursement and payment of the State's capital contribution to the project and the investor's loan in the BOT contracts have not been specified while BT projects were delayed in construction. State Audit recommended financial settlements of VND1.13 trillion ($49.15 million) for BOT projects and VND1.8 trillion ($78.3 million) for BT projects.