After serving her sentence in the 'golden land' case at 39-39B Ben Van Don, Nguyen Thi Nhu Loan has returned as CEO of Quoc Cuong Gia Lai (QCG), replacing her son Nguyen Quoc Cuong. The appellate court at the Supreme People's Court in Ho Chi Minh City cut her sentence from 18 months' suspended imprisonment to 11 months and 18 days of non-custodial reform. According to the annual report, she holds nearly 102 million shares, or 37.05% of the company's capital. In the first half of the year the company collected 80 billion dong, only a third of the same period last year and far below the 2,403 billion dong target, but gains from the liquidation and sale of a hydropower plant lifted after-tax profit to over 181 billion dong, 18 times the year-earlier figure.
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Original headline: Bà Nguyễn Thị Như Loan trở lại làm CEO Quốc Cường Gia Lai
Read the original on VnExpress ↗
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