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Intellectual people
From a great businesswoman, a deputy minister of the Ministry of Industry and Commerce, Ms. Ho Thi Kim Thoa has made mistakes with serious consequences, she was prosecuted, searched in the red and is still unknown.
Lose all the fame
On December 2, 2020, at the Party Headquarters, the Secretariat met under the chairmanship of the General Secretary and President Nguyen Phu Trong to consider and discipline Ms. Ho Thi Kim Thoa, former Party Committee. Member of the Committee on Party Affairs, former Vice Minister of Industry and Commerce.
In accordance with Regulation No. 102 of the 2017 Politburo on Discipline of Violating Party Members, the Secretariat decided to apply discipline in the form of Party exclusion against Ms. Ho Thi Kim Thoa.
Ms. Ho Thi Kim Thoa (photo: DQC)
During her time as a member of the Party Committee, Vice Minister of Industry and Commerce in the period 2010-2017, Ms. Ho Thi Kim Thoa had committed violations and deficiencies related to the land project, the Secretariat said. 2-4-6 Hai Ba Trung, Ben Nghe Ward, District 1, Ho Chi Minh City in the case of “Violation of regulations on land administration” and “Violation of regulations on administration and use of land State property causes losses. Escape, waste “has been investigated by the police agency, the Ministry of Public Security has issued a decision to prosecute a criminal case and has an investigation conclusion proposing prosecution.”
After the decision to withdraw, Ms. Ho Thi Kim Thoa left Party activities and went abroad.
According to the Secretariat of the Party Central Committee, the rape of Ms. Ho Thi Kim Thoa was very serious, caused very serious consequences and negatively affected the reputation of the Party organization, the Ministry of Industry and Commerce.
More information at the government press conference on the night of December 2, the Head of the Office of the Ministry of Public Security – Division General To An Xo said that in April this year, a nationwide search warrant with Former Deputy Minister Ho Thi Kim Thoa was to be enacted. After that, the International Criminal Police Organization also has a red hunt for the accused. Up to this point, the Ministry of Public Security did not know where Ms. Thoa was hiding.
Before becoming a politician, Ms. Thoa used to be a “general woman”, holding many important positions in the company: Secretary of the Party Committee, Director of Dien Quang Lamp Company; Party Committee Secretary, Chairman of the Board of Directors, Managing Director of Dien Quang Lamp Joint Stock Company (January 2004 – May 2010).
After 18 years at Dien Quang Lightbulb, in 2010, Ms. Ho Thi Kim Thoa was appointed Vice Minister of the Ministry of Industry and Commerce.
Although she no longer holds a leadership position in Dien Quang, Ms. Thoa remains a shareholder in this company and receives a dividend of billions of dong after her return as Vice Minister of Industry and Commerce.
For example, in 2016, Ms. Thoa’s family received around 35.4 billion VND of dividends in Dien Quang and Ms. Thoa personally received about 5.1 billion VND (much higher than the salary of the Vice Minister).
As of October 2018, Ms Thoa registered to sell 1,680,000 DQC shares out of a total of 1,686,415 DQC shares in Dien Quang (representing 5.4% of the company’s outstanding shares). At the end of November 2018, the transaction was completed by agreement and Ms. Thoa raised around 38 billion dong.
“Heritage” stayed in Dien Quang
Immediately after Ms. Thoa left the company, the “Chairman” of the Chairman of the Board of Directors and the Managing Director of Dien Quang Light Bulbs was immediately transferred to his younger brother, Mr. Ho Quynh Hung, to date.
Mr. Hung joined the Board of Directors of Dien Quang from April 13, 2009 and until May 2010, he was appointed Chairman of the Board of Directors and CEO of Dien Quang Lamp Joint Stock Company.
Mr. Ho Quynh Hung graduated from Ho Chi Minh City University of Technology, majoring in Computer Science and obtained a Master of Business Administration from GRIGGS, USA before assuming the position of Managing Director of Dien Quang, Mr. Hung was Deputy General Manager of the company and Director of the Dong An Branch, Dien Quang Joint-Stock Company.
In addition, Ms. Thoa’s two daughters also hold important positions in Dien Quang.
Specifically, according to the presentation by Dien Quang Lightbulb Joint Stock Company, Ms. Ho Thi Kim Thoa’s first daughter, Nguyen Thai Nga, is currently serving as a member of the Board of Directors – Deputy General Manager of the company. Ms. Nga has been a member of the Dien Quang Board of Directors since April 2013.
Ms. Nguyen Thai Nga graduated with a Master of Business Administration from Northeastern University (USA). Ms. Nguyen Thai Nga has been working at Dien Quang Lamp Joint Stock Company since February 2012 and has held the following positions: Director of Hanoi Branch, Deputy Director Import-Export of Dien Quang Lamp Joint Stock Company. Since November 2015, she held the position of Deputy General Manager of Dien Quang Lamp Joint Stock Company.
Ms. Ho Thi Kim Thoa’s second daughter, Nguyen Thai Quynh Le, is also the Executive Director of Dien Quang Joint Stock Company’s Project Division.
It is known that Nguyen Thai Quynh Le graduated with a BA in Business Administration from Northeastern University (USA).
Ms. Quynh Le used to work in the United States as an analyst at John Hancock Financial Services Group, an auditor for the non-profit YMCA of Greater Boston. Back in Vietnam, Ms. Quynh Le works for the Vietnam National Oil and Gas Group (PetroVietnam).
Ms. Nguyen Thai Quynh Le was also featured for having many years of experience in the retail and service sector: from 2015 to now, she is co-founder and operator of restaurant and coffee shop chains in Hanoi; As co-founder, Chairman of the Board of AM Holdings, he owns and operates the AM Saigon building with hundreds of serviced apartments in Ho Chi Minh City.
From 2018 until now, Ms. Le has been the chair of the board of directors of Dinh Tien Hoang High School.
Ms. Nguyen Thai Quynh Le has been working at Dien Quang Lamp Joint Stock Company since April 2016 as a Project Manager. In June 2018, Ms. Le was appointed Executive Director of the Projects Division, in charge of operating the HomeCare ecosystem, including the online and offline multi-channel shopping platform (chain of showrooms) with prestigious partners. credit in the electrical and lighting industry, consulting services for design, construction and on-site maintenance with a team of professional technicians for consumers and businesses.
Not only the senior leaders of Dien Quang, but also Ms. Thoa’s family members also have a significant stake in this business.
Specifically, Mr. Ho Quynh Hung owns 2.52 million DQC shares, equivalent to 9.14% of the capital stock of Dien Quang; Thoa’s two daughters, Nguyen Thai Nga and Nguyen Thai Quynh Le, also own 14.97% and 8.09% of the share capital, respectively. Another brother of Ms. Thoa, Mr. Ho Duc Lam is also a majority shareholder with 6.01% ownership of Dien Quang.
Starting its operations in 1973, Dien Quang has developed and continues to be one of the leading companies in the field of lighting and electrical equipment. Annual revenue exceeds 1,000 trillion VND, net profit is tens to hundreds of trillion VND before business has declined in recent years.
Mai Chi
synthetic
