Before being arrested, FLC Vice President Huong Tran Kieu Dung was the leader of which businesses?

Before being arrested, Vice Chairman of FLC Group, Huong Tran Kieu Dung was working as a leader in a series of businesses in the FLC “ecosystem”.

On the evening of April 8, the Ministry of Public Security issued a notice stating that on April 7, 2022, the Investigation Police Agency of the Ministry of Public Security (C01) continued to clarify the crime, issued decisions to prosecute the accused, and arrest warrants. The accused to temporarily hold Huong Tran Kieu Dung and Nguyen Quynh Anh for 3 months with the role of accomplices to assist Trinh Van Quyet, Chairman of the Board of Directors of FLC Group Joint Stock Company, to commit the crime of “Manipulating stock market”.

Ms. Huong Tran Kieu Dung is the Standing Vice Chairman of the Board of Directors of FLC Group Joint Stock Company, the Chairman of the Board of Directors of BOS Securities Joint Stock Company; Nguyen Quynh Anh is the General Director of BOS Securities Joint Stock Company.

On April 8, 2022, the Supreme People’s Procuracy approved decisions and procedural orders against Huong Tran Kieu Dung and Nguyen Quynh Anh in accordance with the law.

Previously, on March 29, 2022, the Police Department of the Ministry of Public Security (C01) issued the Decision to prosecute the criminal case No. 06/QD-VPCQCSĐT; From March 29, 2022 to April 2, 2022, decisions to prosecute the accused, arrest warrants for Trinh Van Quyet and 02 other accomplices, including Trinh Thi Mai Hue and Trinh Thi Thuy Nga, were issued for the crime. “Manipulating the stock market”, organizing searches of residences and workplaces for related subjects.

Thus, related to the crime of manipulating the stock market of former FLC Group Chairman Trinh Van Quyet, four more accomplices including Trinh Mai Hue, Trinh Thi Thuy Nga, Huong Tran Kieu Dung and Nguyen Quynh Anh have been arrested. arrested for investigation.

Vice President of FLC Group Huong Tran Kieu Dung was arrested and detained for investigation related to the crime of manipulating the stock market by Mr. Trinh Van Quyet.

Meanwhile, before being detained, on April 6, Huong Tran Kieu Dung was also sanctioned by the State Securities Commission for administrative violations in the field of securities and the securities market.

Accordingly, the Vice President of FLC Group was fined 70 million VND for violating regulations on corporate governance (using the extenuating circumstance “The administrative violator voluntarily remedied the consequences.” ” specified in Clause 1, Article 9 of the Law on Handling of Administrative Violations).

According to the announcement from the Securities Commission, from May 2020 to October 2021, Ms. Dung was a member of the Board of Directors of FLC Group and held the same position at 6 other companies. Meanwhile, according to the provisions of the Securities Law, a member of the Board of Directors of a public company cannot concurrently hold this position in more than 5 other companies.

The 2021 corporate governance report of FLC Group said that Ms. Huong Tran Kieu Dung is both the Permanent Vice Chairman of the Board of Directors and holds a series of senior positions at companies in the “ecosystem” of FLC.

Specifically, Ms. Huong Tran Kieu Dung, in addition to holding the position of Permanent Vice President at FLC Group, is also the Chairman of the Board of Directors in 7 other companies including BOS Securities Joint Stock Company (ART), Joint Stock Company Construction of FLC Faros (ROS), FLC Travel Joint Stock Company, FAM Agricultural Products Import-Export and Production Joint Stock Company, FLC Do Son Golf & Resort Co., Ltd., Investment Development and Area Management Company Limited FLC industry and Cemaco Vietnam Co., Ltd.

In addition, the Standing Vice Chairman of FLC Group is also a member of the Board of Directors of 2 other enterprises including: FLCHomes Real Estate Development Business Investment Joint Stock Company, Management One Member Limited Company. FLC hotel and resort.

According to research, Ms. Huong Tran Kieu Dung, born in 1978, holds a doctorate in Construction Law from the University of Montesquieu Bordeaux IV, France. Ms. Dung used to be the main lawyer of SMiC Law Firm – the predecessor of FLC Group since 2013.

During her career at FLC Group, Ms. Dung has also been appointed to many senior management positions such as Head of Legal and Project Development Department, Deputy General Director before becoming General Director. Ms. Dung stopped taking the position of General Director of FLC Group in March 2020.