State Securities Commission official turns blind eye to FLC chairman’s violations for fear of job loss

State Securities Commission official turns blind eye to FLC chairman’s violations for fear of job loss

State Securities Commission (SSC) official Le Cong Dien has admitted he spotted multiple problems while checking the capacity profile of Faros Construction JSC - a member of FLC Group - but did not dare to reject its listing application as he was afraid his job could be affected.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam tycoon attempts to misappropriate $40 mln from businesswoman in trouble: police

Vietnam tycoon attempts to misappropriate $40 mln from businesswoman in trouble: police

Businessman Nguyen Cao Tri tried to misappropriate VND1 trillion (over $40 million) from Truong My Lan, chairwoman of real estate developer Van Thinh Phat Group, Ho Chi Minh City police said Friday.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Van Thinh Phat chairwoman accused of appropriating $12.53 bln from Saigon Commercial Bank

Van Thinh Phat chairwoman accused of appropriating $12.53 bln from Saigon Commercial Bank

Truong My Lan, chairwoman of Ho Chi Minh City-based property developer Van Thinh Phat Group, has been accused of controlling operations at Saigon Commercial Bank (SCB) to appropriate over VND304 trillion ($12.53 billion), police said on Friday.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

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