Lê Hoàng Khánh Nhựt, a board member and CEO of Da Nang Rubber JSC (DRC), has been indicted for “property embezzlement” under Clause 2, Article 353 of the Criminal Code. The board then dismissed him as CEO and assigned Văn Trung Tâm to lead the executive board. On the same day, Vinachem ended Nhựt's role as its capital representative, raising the stake represented by chairman Nguyễn Xuân Bắc from 10.51% to 20.51%, and asked for an extraordinary general meeting to remove him from the board. In the first half, net revenue exceeded VND 2,330 billion, down about 8.8%, while after-tax profit rose 15.6% to VND 48 billion; Nhựt earned about VND 667 million, the highest among the leadership. The company has completed about 42% of its VND 5,600 billion revenue target and 37% of its VND 155 billion pre-tax profit target.
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Original headline: Ông Lê Hoàng Khánh Nhựt bị khởi tố, hé lộ khoản thu nhập trong nửa đầu năm
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