van thinh phat scandal

Update news van thinh phat scandal

Vietnam abolishes death penalty for 8 crimes: Will Truong My Lan be spared?

A new law abolishing death sentences for select crimes may affect high-profile cases like Truong My Lan’s.

Over USD 17 million in Van Thinh Phat compensation awaits rightful claimants

Thousands have yet to collect their court-ordered payments as savings accounts hold the unclaimed funds.

Foreign firms back $10 billion SCB restructuring tied to Truong My Lan case

Van Thinh Phat-led investors pledge billions to fix SCB and repay massive fraud damages.

Truong My Lan proposes USD 3 billion recovery plan from prison

Foreign investors meet with convicted businesswoman to aid SCB’s restructuring.

Vietnam begins record compensation payout in Truong My Lan bond fraud case

Authorities have started compensating over 43,000 victims in one of Vietnam’s largest financial crime cases involving Truong My Lan.

Business tycoon on death row disputes state asset valuations

From detention, Truong My Lan requests a fair valuation of her assets, citing discrepancies that could increase state recovery.

Truong My Lan’s death sentence upheld, must pay $1.2M court fees

Despite a sentence reduction for fraud, Vietnam’s most high-profile financial criminal remains on death row.

Truong My Lan says foreign partners ready to help recover assets

Court hears final plea from Truong My Lan, who highlights support from international investors.

Vietnam forms task force to recover assets in Van Thinh Phat case

Vietnam has formed an inter-agency task force to enforce court rulings and recover assets in the massive Van Thinh Phat corruption case, led by Deputy Prime Minister Nguyen Hoa Binh.

Vietnamese prosecutors reject bid for Truong My Lan to aid SCB recovery

The prosecution rebuffed the defense’s proposal, noting SCB’s recovery plan is not subject to appeal trial review.

Where will Truong My Lan get $1.2B to repay victims?

Lawyer reveals three major financial sources - including frozen accounts and seized assets - available for restitution in SCB bond scandal.

Truong My Lan pleads for leniency after life sentence for fraud

Truong My Lan upholds her appeal and vows to take responsibility for over $1.17 billion (28 trillion VND) in damages.

Bond victims from nation’s worst fraud set to receive repayment

HCM City authorities have announced a compensation plan for tens of thousands of bondholders who were misled into purchasing bonds through a private lender in a case considered Vietnam’s worst financial fraud.

Truong My Lan’s death sentence upheld in Van Thinh Phat trial

The court rejected clemency for Truong My Lan, citing the gravity of her crimes, but allowed her seven days to appeal for presidential clemency.

Truong My Lan’s restitution tops 75%: Will she avoid the death penalty?

Will restitution and pledges for public welfare save Truong My Lan from execution in one of Vietnam’s largest embezzlement cases?

Truong My Lan pleads for leniency as death penalty recommendation stands

During the ongoing trial, Truong My Lan expressed emotional turmoil as the prosecution reaffirmed its stance on the death penalty.

Real estate tycoon appeals death sentence

The HCM City People’s High Court on Monday began deliberations regarding property tycoon Trương Mỹ Lan’s appeal against her death penalty verdict rendered at a trial earlier this year for massive fraud.

Appellate trial held for Van Thinh Phat case

The High People’s Court in Ho Chi Minh City on November 4 opened the appellate trial for the case involving property developer Van Thinh Phat Group and Saigon Commercial Joint Stock Bank (SCB).

Appeal trial of Truong My Lan’s death sentence begins next month

The appeal trial of Truong My Lan, chairwoman of Van Thinh Phat Group who was sentenced to death for fraud of US$27 billion, is set to begin next month.

Van Thinh Phat chair given life sentence in second phase of embezzlement case

After nearly a month of trial, the Ho Chi Minh City People’s Court on October 17 announced its verdict in the second phase of the case involving property developer Van Thinh Phat Group and Saigon Joint Stock Commercial Bank (SCB).