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Update news van thinh phat scandal
A new law abolishing death sentences for select crimes may affect high-profile cases like Truong My Lan’s.
Thousands have yet to collect their court-ordered payments as savings accounts hold the unclaimed funds.
Van Thinh Phat-led investors pledge billions to fix SCB and repay massive fraud damages.
Foreign investors meet with convicted businesswoman to aid SCB’s restructuring.
Authorities have started compensating over 43,000 victims in one of Vietnam’s largest financial crime cases involving Truong My Lan.
From detention, Truong My Lan requests a fair valuation of her assets, citing discrepancies that could increase state recovery.
Despite a sentence reduction for fraud, Vietnam’s most high-profile financial criminal remains on death row.
Court hears final plea from Truong My Lan, who highlights support from international investors.
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.
The prosecution rebuffed the defense’s proposal, noting SCB’s recovery plan is not subject to appeal trial review.
Lawyer reveals three major financial sources - including frozen accounts and seized assets - available for restitution in SCB bond scandal.
Truong My Lan upholds her appeal and vows to take responsibility for over $1.17 billion (28 trillion VND) in damages.
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.
The court rejected clemency for Truong My Lan, citing the gravity of her crimes, but allowed her seven days to appeal for presidential clemency.
Will restitution and pledges for public welfare save Truong My Lan from execution in one of Vietnam’s largest embezzlement cases?
During the ongoing trial, Truong My Lan expressed emotional turmoil as the prosecution reaffirmed its stance on the death penalty.
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.
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).
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.
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).