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Property developer Truong My Lan, 68, was convicted this year of swindling money from Saigon Commercial Bank (SCB) — which prosecutors said she controlled — and sentenced to death for fraud ...
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Court upholds death penalty for tycoon convicted of Vietnam’s largest banking fraudLan, sentenced to death earlier this year for embezzling billions from Saigon Commercial Bank (SCB), was awaiting the verdict of her appeal. Lan, 68, was appealing a death sentence for orchestrati ...
SINGAPORE: On Dec 3, 2024, an appeal court in Ho Chi Minh City upheld the first instance court’s death sentence for Truong My Lan, the majority owner of Saigon Commercial Bank and former ...
That year, she became involved in the merger of the struggling Saigon Joint Commercial Bank with two other lenders, in a deal coordinated by Vietnam’s central bank. She was well on her way to ...
Property developer Truong My Lan had already lost a challenge against the death penalty in a separate case in which she was found guilty in April last year of stealing money from Saigon Commercial ...
Saigon Commercial Bank, which has been embroiled in a lawsuit against property mogul Truong My Lan, will stop offering money transfer services on its website from Dec. 12. Individual customers could ...
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