Alibaba Real Estate is forbidden to participate in the Northwest Urban Area

City People’s Committee HCM has asked the departments and departments not to Alibaba Real Estate to participate in projects in the North West urban area (Cu Chi district, HCM), because this unit is uncooperative with the authorities.

Accordingly, the City People’s Committee assigned the Department of Construction to work closely with the Criminal Investigation Department (C46) – the Ministry of Public Security and the Department of Police to investigate economic crimes and corruption (PC). 46) – City Police, for handling according to regulations.

Alibaba Real Estate is forbidden to participate in the Northwest Urban Area

At the same time, continue to monitor, update the situation, report the situation and propose measures not to Alibaba Real Estate Joint Stock Company (Alibaba Real Estate) to participate in these projects due to the noncooperation attitude by.

In addition, the City People’s Committee. HCM also assigned Department of Construction, Department of Natural Resources and Environment, Cu Chi District People’s Committee, Tay Bac Urban Area Management Board, Ho Chi Minh City of Real Estate Association (HoREA) continues to cooperate with press agencies to take a press conference to publicly warn consumers and real estate investors about false information about the land owned by this company announced as the owner.

City leaders also assigned the Department of Planning and Investment to assume the prime responsibility and coordinate with the City Tax Department and related agencies and agencies to promptly inspect and review the operation of Alibaba Real Estate and Joint Stock Company. Alibaba Northwest TP. Alibaba LAW FIRM Joint Stock Company, ALI Construction Investment Limited Company … and propose measures to strictly handle the violation.

On December 18,, many customers have Alibaba real estate sale land for wrong purposes, not enough legal basis and not liquidate the contract for customers, signs of fraud, appropriation of property .

Northwest Alibaba Joint Stock Company And Real Estate Alibaba identified as the investor Alibaba Northwest Cu Chi urban area, announced the sale of the house floor, collect customer reservation money.

However, in fact, this is an area of ​​over 97 hectares belonging to part VIII-3, Tay Bac urban area in Tan Phu Trung commune, Cu Chi district.

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