Mon, December 9, 2024
[ Mon, Dec 09th 2024 ]: RTE Online
UK finance minister Reeves to attend Eurogroup meeting
[ Mon, Dec 09th 2024 ]: Forbes
Talking AI: Top Three Barriers To Digital Adoption
[ Mon, Dec 09th 2024 ]: The New Zealand Herald
UK finance minister to address EU counterparts in post-Brexit 'reset'
[ Mon, Dec 09th 2024 ]: NDTV
Over 250 Corporates, 8,000 Business School Students Attend IIM Mumbai's Premier Fest
[ Mon, Dec 09th 2024 ]: Arabian Business
Kuwait sets 2025 start for 15% corporate tax in major fiscal overhaul
[ Mon, Dec 09th 2024 ]: businesstech.co.za
Business Talk - Standard Bank's Amish Shunker and .. th Africa's role as an intra-African trade leader
[ Mon, Dec 09th 2024 ]: Reuters
Bank of England's Ramsden says will be vigilant towards greater risk-taking
[ Mon, Dec 09th 2024 ]: The Boston Globe
Reimagining business success in Rhode Island communities
[ Mon, Dec 09th 2024 ]: Yahoo Finance
Trump's business empire has expanded. Here's where he could profit in his second term.
[ Mon, Dec 09th 2024 ]: Fast Company
Finance leaders discuss the challenges and opportunities reshaping the corporate world
Sun, December 8, 2024
[ Sun, Dec 08th 2024 ]: Daily News
Orient Finance achieves net profit of Rs. 186.39 Mn, reflecting 300.67% increase
[ Sun, Dec 08th 2024 ]: Trinidad Express Newspapers
ANSA MD De Souza a new SRC chairman
[ Sun, Dec 08th 2024 ]: businessday
Mournful faces everywhere as economy bites with no respite in sight
[ Sun, Dec 08th 2024 ]: The West Australian
Green shoots emerging as Praemium follows the money
[ Sun, Dec 08th 2024 ]: Time
Cameo's CEO Steven Galanis on Rebuilding After the Pandemic and Embracing Influencers
[ Sun, Dec 08th 2024 ]: Reuters
VinFast to build second production plant in Vietnam
[ Sun, Dec 08th 2024 ]: Forbes
VAT In Europe: Key Reforms And Changes Coming In 2025
[ Sun, Dec 08th 2024 ]: Yahoo
Where to find public parking on NSB's Flagler Avenue? Here are some options
[ Sun, Dec 08th 2024 ]: The Daily Star
MTB releases annual sustainability report for 10th year
[ Sun, Dec 08th 2024 ]: Oregonian
Liz Weston: Medicare Part D plan caps out-of-pocket max at $2,000 beginning in 2025
[ Sun, Dec 08th 2024 ]: The New York Times
Bill Clinton on the Election, D.E.I. and One of His Regrets
[ Sun, Dec 08th 2024 ]: bnnbloomberg
South Korea Set for More Turmoil After Yoon Escapes Impeachment
[ Sun, Dec 08th 2024 ]: AOL
Meet John Elkann, the enigmatic billionaire heir fighting to save Jeep parent Stellantis
[ Sun, Dec 08th 2024 ]: Business Insider
A FIRE blogger who built a 7-figure net worth shares 3 books that changed his money mindset
[ Sun, Dec 08th 2024 ]: businesstech.co.za
4 banks call it quits in South Africa in 2024
[ Sun, Dec 08th 2024 ]: Couriermail
Vietnamese property tycoon Truong My Lan must come up with $14 billion to avoid death penalty
[ Sun, Dec 08th 2024 ]: Business Line
Parliamentary panel advocates automated compensation process for banking fraud victims
[ Sun, Dec 08th 2024 ]: Business Standard
EESL, Andhra Pradesh launch 3 programmes to boost energy efficiency
[ Sun, Dec 08th 2024 ]: St. Catharines Standard
Is your mortgage coming due in 2025? Here's how you can prepare for renewal shock
[ Sun, Dec 08th 2024 ]: The Motley Fool
Missed Out on Nvidia? Buy This Magnificent Artifi .. (AI) Stock Before It Soars at Least 43% in 2025.
[ Sun, Dec 08th 2024 ]: Goodreturns
1:1 Bonus, 2:1 Stock Split: Record Date on Dec 20 .. You Buy This Small-Cap Gem with 177% 5Y Returns?
[ Sun, Dec 08th 2024 ]: Yahoo Finance
Europe's economy needs help. Political chaos in F .. ance and Germany means it may be slower in coming
[ Sun, Dec 08th 2024 ]: CNN-News18
RBI Governor Shaktikanta Das Meets FM Nirmala Sitharaman Days Before End Of His Tenure
[ Sun, Dec 08th 2024 ]: The Peninsula
Spotlight on investing in new technologies, digital innovation
[ Sun, Dec 08th 2024 ]: fbcnews
New finance solutions for SME's and startups
[ Sun, Dec 08th 2024 ]: Arabian Business
UK Prime Minister Keir Starmer to make UAE, Saudi Arabia visit
[ Sun, Dec 08th 2024 ]: businesslive.co.za
Eskom seeks Competition Commission's nod to finally sell its finance company
[ Sun, Dec 08th 2024 ]: Sydney Morning Herald
This big bank plans to kill the password by 2030
[ Sun, Dec 08th 2024 ]: MSN
Aussie business owner in the UK reveals what companies do wrong
Sat, December 7, 2024
[ Sat, Dec 07th 2024 ]: Forbes
Tax Breaks: The Tax News Is Coming At Quite A Clip Edition
[ Sat, Dec 07th 2024 ]: Business Today
Digital payments: How do UPI, UPI Lite, NEFT, RTGS work? Know the differences, charges, time taken
[ Sat, Dec 07th 2024 ]: Sydney Morning Herald
The one player fuelling the $148b bank bonanza
[ Sat, Dec 07th 2024 ]: The Motley Fool
My Top Dow Dividend Stock to Buy Before the End of the Year (and It's Not Even Close)
[ Sat, Dec 07th 2024 ]: Reuters
Boeing's top lobbyist departing planemaker, CEO says
[ Sat, Dec 07th 2024 ]: MSN
Allianz pauses talks to combine investment management business with Amundi: report
[ Sat, Dec 07th 2024 ]: Hindustan Times
Weekly Horoscope Leo, December 8 to 14, 2024 predicts work accolades
[ Sat, Dec 07th 2024 ]: Business Insider
A longtime stock market bear is rethinking his view after this year's dizzying rally
[ Sat, Dec 07th 2024 ]: The Australian Financial Review
So, you want to retire to Tuscany?

Vietnamese property tycoon Truong My Lan must come up with $14 billion to avoid death penalty

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. e-up-with-14-billion-to-avoid-death-penalty.html
  Print publication without navigation Published in Business and Finance on by Couriermail
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
HANOI: A Vietnamese property tycoon is in a race for her life to come up with $US9 billion ($14 billion) to escape the death penalty for masterminding the world's biggest bank fraud.
Vietnamese property tycoon Truong My Lan has been sentenced to death for orchestrating a massive $44 billion fraud, one of the largest financial scams in history. She was convicted of embezzlement, bribery, and violating banking regulations at the Saigon Joint Stock Commercial Bank (SCB), where she effectively controlled operations through a network of proxies. Lan's scheme involved siphoning off funds through thousands of fake loan applications, leading to losses estimated at $27 billion. Despite her conviction, Lan has been given a month to repay $27 billion to avoid the death penalty, a sum that includes the misappropriated funds plus interest. This case has highlighted significant issues within Vietnam's banking sector and has led to widespread public and governmental scrutiny.

Read the Full Couriermail Article at:
[ https://www.news.com.au/finance/money/wealth/vietnamese-property-tycoon-truong-my-lan-must-come-up-with-14-billion-to-avoid-death-penalty/news-story/88a0bd19fa437a25a60c9c889e142ee1 ]