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Apax Leaders scandal
Apax Leaders English school boss Nguyen Ngoc Thuy accused of defrauding over 10,000 investors of $291M
Nguyen Ngoc Thuy, who runs English language school Apax Leaders, allegedly swindled 10,123 investors out of VND7.68 trillion (US$291 million) by selling them non-existent shares in his company Egroup.
Foreign teachers face tough times in Vietnam as salaries drop
HCMC shuts down 20 Apax Leaders centers, has 19 more in its sights
Language school Apax Leaders owes HCMC students $3.8M in tuition fees
English language center Apax Leaders owes nearly VND94 billion (US$3.81 million) in tuition fees it has to refund in HCMC alone, and seeks to pay in quarterly installments.
March 12, 2024 | 08:11 pm PT
HCMC requires Apax Leaders to fulfill tuition fee payment commitments
HCMC has tasked the Department of Education and Training to work with Apax Leaders, demanding the fulfillment of their commitment to repay tuition fees owed to parents.
January 30, 2024 | 11:26 pm PT
Apax Leaders case takes another curious turn
Apax Leaders promised the HCMC Department of Education and Training last month it would refund tuition fees paid by students at its HCMC centers by October, an official revealed.
January 27, 2024 | 12:00 am PT