2 triad corporations: Cuong Do La's family encountered an incident, the former Chairman of FLC was asked for help

Bảo YếnJul 21, 2024 at 16:11

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The Ministry of Public Security said it had issued a decision to prosecute the defendant and take him into custody; search warrant for Ms. Nguyen Thi Nhu Loan (General Director of Quoc Cuong Gia Lai Joint Stock Company) for violating regulations on management and use of State assets causing loss and waste.

2 triad corporations: Cuong Do Las family encountered an incident, the former Chairman of FLC was asked for help - Photo 1

The above decision is in the process of the Ministry of Public Security investigating the case that occurred at Vietnam Rubber Industry Group, Dong Nai Rubber Company, Ba Ria Rubber Company, Ministry of Natural Resources and Environment and other applications. related position.

Previously, the general meeting of shareholders of Quoc Cuong Gia Lai scheduled to be held on June 30 could not be held mainly due to the absence of Ms. Nguyen Thi Nhu Loan due to health reasons.

2 triad corporations: Cuong Do Las family encountered an incident, the former Chairman of FLC was asked for help - Photo 2

Ms. Nguyen Thi Nhu Loan is the largest shareholder of Quoc Cuong Gia Lai, owning nearly 102 million QCG shares, equivalent to 37% of charter capital.

On the session of July 19, as soon as there was information about a police car appearing in front of Ms. Loan's house, QCG shares of Quoc Cuong Gia Lai were sold off, falling to the floor.

With the unfavorable developments of QCG shares since the beginning of July until now, not only shareholders and investors holding QCG shares have suffered losses, but major shareholders, CEO Quoc Cuong Gia Lai and his daughter, have also declined. heavy assets. The total asset value of Ms. Loan and Ms. Nguyen Ngoc Huyen My - Ms. Loan's daughter - in the past 15 trading days is 633.5 billion VND, Ms. Loan alone lost 457 billion VND.

2 triad corporations: Cuong Do Las family encountered an incident, the former Chairman of FLC was asked for help - Photo 3

Regarding Trinh Van Quyet's case, lawyer Vu Dang Hai Yen, defending defendant Trinh Van Quyet, former Chairman of FLC Group, said that her client's family had just continued to pay an additional 23 billion VND to fix the problem. consequences of the case at FLC Group.

Thus, up to now, Mr. Trinh Van Quyet has paid more than 210 billion VND to overcome the case, and continues to mobilize his relatives to pay the maximum amount of money to overcome the consequences of the case before and during the trial.

Lawyer Yen added that up to now, there have been 376 documents signed by more than 4,280 people asking to reduce the criminal liability of Mr. Trinh Van Quyet and other defendants in the case. These documents were sent by the lawyer to the Hanoi People's Court.

2 triad corporations: Cuong Do Las family encountered an incident, the former Chairman of FLC was asked for help - Photo 4

According to the lawyer, the former FLC Chairman is aware of the violations and accepts criminal and civil liability as alleged.

Mr. Quyet hopes that the authorities will apply a leniency policy to the defendants who are relatives and junior colleagues involved in the case. At the same time, please take responsibility for compensating for damages with personal assets and mobilize family and friends to pay money to remedy the consequences as soon as possible.

Basically, Mr. Quyet took full responsibility and asked the lawyers to have no direct criticism related to the behavior.

The proportion of real estate transfers is more than half of Vingroup's revenue

According to data from the second quarter consolidated financial report just announced by Vingroup on July 19, in the first half of this year, the group's total consolidated net revenue reached 65,043 billion VND, recording a positive change. from the fields of residential real estate, industry, tourism - resort and entertainment. Consolidated profit after tax in the first half of 2024 reached VND 2,019 billion.

In the second quarter alone, Vingroup's consolidated net revenue reached 43,304 billion VND, equivalent to 91.6% of the same period in 2023.

Notes to the financial statements show the large proportion of the real estate segment in Vingroup's revenue structure.

Accordingly, the contribution to total net revenue in the second quarter was 22,353 billion VND in real estate transfer revenue, accounting for 51.6%. However, compared to the same period, revenue from real estate transfers decreased by 26.5%.

2 triad corporations: Cuong Do Las family encountered an incident, the former Chairman of FLC was asked for help - Photo 5

Net revenue from leasing investment real estate and providing related services was only 13.4% of the same period, reaching 320 billion VND. Net revenue from providing hotel, tourism, entertainment and related services reached VND 1,436 billion, down nearly 35%.

Net revenue from providing hospital services and related services reached 1,097 billion VND and from providing educational activities and related services reached 1,189 billion VND, both increased over the same period.

In the second quarter, production activities brought Vingroup VND 8,127 billion in net revenue, an increase of 2.3% compared to the second quarter of 2023. Other revenue recorded 8,782 billion VND, 3.8 times higher than the same period.

2 triad corporations: Cuong Do Las family encountered an incident, the former Chairman of FLC was asked for help - Photo 6

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