“The chairwoman of major developer Vạn Thịnh Phát went on trial Tuesday along with dozens of others, accused of embezzling US$12.5 billion in Việt Nam’s largest financial fraud case.
Real estate tycoon Trương Mỹ Lan, 68, is accused of siphoning off VNĐ304 trillion ($12.46 billion) from Việt Nam’s largest private bank by assets, Saigon Joint Stock Commercial Bank (SCB), according to investigators. If found guilty, Lan could face a death penalty.” – VNS.
Source: https://vietnamnews.vn/society/1651402/trial-begins-in-largest-financial-fraud-case-in-viet-nam.html
Trial Begins in Largest Financial Fraud Case in Việt Nam
