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Update news van thinh phat scandal
A major agricultural processing factory in Tay Ninh connected to the Van Thinh Phat case is set to go under the hammer as banks continue efforts to recover debts.
Civil enforcement authorities in Ho Chi Minh City have announced plans to auction three luxury vehicles linked to convicted businesswoman Truong My Lan, chairwoman of Van Thinh Phat Group, later this month.`
The Ho Chi Minh City Civil Judgment Enforcement Department has announced an auction for two rare white Hermès handbags previously owned by Truong My Lan.
The Ho Chi Minh City Civil Judgment Enforcement Department has announced plans to select an auction organization to sell three luxury cars linked to convict Truong My Lan, 70, chairwoman of Van Thinh Phat Group, along with related companies.
Authorities in Ho Chi Minh City have announced the official valuation of two white Hermès handbags belonging to Truong My Lan, placing their combined value at nearly VND4 billion (US$160,000).
On February 5, the HCM City Civil Judgment Enforcement Department announced it had completed the eighth round of payments to bondholders in the high-profile Van Thinh Phat case, involving businesswoman Truong My Lan and her associates.
Ho Chi Minh City authorities continue enforcement in the Van Thinh Phat case, disbursing nearly USD 12.3 million to over 42,000 bondholders.
Nearly USD 312 million has been disbursed, with another USD 47.5 million frozen in banks.
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.