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HANOI - Vietnam real estate tycoon Truong My Lan, sentenced to death in the country's largest-ever financial fraud case, had illegally transferred money abroad, according to police, with state media on Thursday (June 6) reporting US$4.5 billion (S$6 billion) had been moved.
HANOI — A court in Vietnam on April 11 sentenced real estate tycoon Truong My Lan to death over her role in a 304 trillion dong (S$16.46 billion) financial fraud case, the country's biggest on record, state media reported.
HONG KONG -- Shareholders in Hong Kong apparel maker Giordano International voted Wednesday to oust its CEO, as a company that once inspired the founder of Uniqlo faces mounting pressure from its top shareholder over long-languishing earnings.
HONG KONG -- Shareholders in Hong Kong apparel maker Giordano International voted Wednesday to oust its CEO, as a company that once inspired the founder of Uniqlo faces mounting pressure from its top shareholder over long-languishing earnings.
The five-bedroom suite at the St. Regis Residences, with a private pool and a 180-degree panoramic view, received no offers during its third auction by property consultancy Knight Frank on Thursday. That is even after the price was lowered by 14 per cent from earlier this year, to S$15.5 million (US$11.5 million).
HANOI, Vietnam (AP) — Real estate tycoon Truong My Lan faces the death penalty in a trial that began Tuesday over alleged fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP and Vietnam’s largest financial fraud case on record.
PHNOM PENH -- A Vietnamese real-estate tycoon is set to go on trial Tuesday over allegations that she and others fraudulently took out $40 billon in loans from a commercial bank in a high-profile graft case that could see her executed if convicted.
Zong Qinghou, a self-made beverage entrepreneur who was once the richest person in China, died on Sunday.