Assets of the DakLak Center project seized to ensure enforcement of judgment.

On the morning of December 10th, the Civil Enforcement Department of Dak Lak province, in coordination with relevant agencies and local authorities, organized the seizure of assets belonging to Cao Nguyen Investment Joint Stock Company, specifically the construction project of the DakLak Center, a comprehensive cultural, commercial, and service center located at 33 Nguyen Tat Thanh Street, Buon Ma Thuot Ward.

The seizure was conducted strictly in accordance with the procedures stipulated in the Law on Enforcement of Civil Judgments, with the presence of representatives from relevant agencies and local authorities. The seized property is the entire DakLak Center building (currently only in its rough construction phase), comprising one basement, four above-ground floors, and one mezzanine floor; located on plot number 385, map sheet 84, with an area of ​​3,385 m²; classified as production and business land with a lease term until 2057.

The project was licensed by the Provincial People's Committee (according to Decision No. 1914/QD-UBND dated August 23, 2012) to be a large-scale, comprehensive cultural, commercial, and service center in the central area of ​​Buon Ma Thuot City (now Buon Ma Thuot Ward).

Representatives of the Provincial Civil Enforcement Agency announced the Decision to seize assets.

According to the Provincial Enforcement Agency, before applying the coercive seizure measure, the enforcement agency had repeatedly issued notices requesting Cao Nguyen Investment Joint Stock Company to voluntarily fulfill its obligations under the judgments of the two-level People's Courts and other legally effective decisions. However, the company did not fully comply, so the Enforcement Agency was forced to proceed with the seizure to ensure the legitimate rights and interests of the parties involved in the enforcement.

Mr. Cao Van Thang, Director of Cao Nguyen Investment Joint Stock Company, shared his views.

At the site, the seizure process was conducted in an orderly, safe, and lawful manner. The enforcement officers fully documented the current state of the construction, including the building structure, area, existing components, and other relevant conditions. A detailed seizure report was prepared, with confirmation from representatives of relevant agencies and parties with rights and obligations. Those participating in the seizure were given the opportunity to speak and express their opinions in accordance with legal procedures.

Authorities are proceeding with the seizure of assets.

Representatives from the Provincial Enforcement Department stated that the entire process of asset seizure and disposal will be closely monitored, ensuring transparency, compliance with the law, and minimizing the possibility of complaints and disputes.

The unfinished construction projects have been causing waste for many years.

The inventory process at the DakLak Center project is scheduled to take place over two days (December 10th and 11th). All documents and the current state of the assets will be fully documented and transferred to the next processing steps according to regulations.

Source: https://baodaklak.vn/thoi-su/202512/ke-bien-tai-san-cong-trinh-daklak-center-de-bao-dam-thi-hanh-an-b46094a/