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death sentence for property tycoon Truong My Lan

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Sacombank chairman denies allegations of involvement in Truong My Lan's $27B fraud

Sacombank chairman denies allegations of involvement in Truong My Lan's $27B fraud

Sacombank chairman Duong Cong Minh on Friday denied rumors of being an accomplice of Truong My Lan, a property tycoon who has recently been sentenced to death for embezzlement.

Van Thinh Phat chairwoman Truong My Lan’s niece gets 17 years imprisonment

Van Thinh Phat chairwoman Truong My Lan’s niece gets 17 years imprisonment

Truong Hue Van, CEO of property developer Van Thinh Phat, was sentenced to 17 years in prison Thursday for helping her aunt Truong My Lan in a scheme that caused VND677 trillion ($27 billion) loss to lender SCB.

Truong My Lan seeks to give niece, husband $66M to fully compensate SCB

Truong My Lan seeks to give niece, husband $66M to fully compensate SCB

Van Thinh Phat chairwoman Truong My Lan has sought judicial permission to give her niece and husband VND1.65 trillion (US$66.56 million) to enable them to compensate Saigon Commercial Bank.

March 21, 2024 | 11:32 pm PT

'Life sentence too harsh': former SCB chairman

'Life sentence too harsh': former SCB chairman

Former Saigon Commercial Bank chairman Bui Anh Dung has told the court that the life sentence prosecutors have recommended for him is too harsh and pleaded for leniency.

March 21, 2024 | 07:28 pm PT

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