Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

Prosecutors seek death penalty for mastermind of Vietnam’s largest financial scam

Prosecutors seek death penalty for mastermind of Vietnam’s largest financial scam

VIETNAMESE prosecutors called for the death penalty to be handed to Truong My Lan, the mastermind of the Southeast Asian nation's largest financial fraud on record, state media said. Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, faces a trial in the economic hub of Ho Chi Minh City on accusations of leading a scam that caused damages of $20 billion, or about 4.9% of Vietnam's gross domestic product. The trial, expected to run until the end of April, is part of a campaign against graft that the leader of the ruling Communist Party, Nguyen Phu…
Read More
Vietnamese ivory, rhino horn trafficker jailed for 13 years

Vietnamese ivory, rhino horn trafficker jailed for 13 years

A court in Vietnam sentenced a man to 13 years in prison for trafficking nearly 10 tonnes of endangered animal parts from Africa, including ivory and rhino horns, police said. The court in the central coastal city of Danang found Nguyen Duc Tai, 33, guilty of transporting elephant tusks, ivory, pangolin scales and lion bones from Africa to Vietnam in 2021, the police-run ministry of public security said. Trade in ivory is illegal in Vietnam but wildlife trafficking remains widespread. The country is a transit point for elephant ivory for consumers in mostly China and the United States and Vietnam…
Read More