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Defendants in court for $12.4B Van Thinh Phat fraud case
Van Thinh Phat chairwoman Truong My Lan and other key defendants, including her husband, Hong Kong billionaire Eric Chu, and niece Truong Hue Van were in court Tuesday for allegedly misappropriating VND304 trillion ($12.4 billion) from Saigon Commercial Bank.
HCMC court to try $12.4B Van Thinh Phat fraud case over two months
The People’s Court of Ho Chi Minh City will begin trial of Truong My Lan and 85 other people on charges including stealing VND304 trillion ($12.39 billion) from Saigon Commercial Bank on March 5.