HANOI - Vietnam real estate tycoon Truong My Lan, sentenced to death in the country's largest-ever financial fraud case, had illegally transferred money abroad, according to police, with state media on Thursday (June 6) reporting US$4.5 billion (S$6 billion) had been moved.
A logo of Saigon Joint Stock Commercial Bank is seen in front of an under-construction building in Ho Chi Minh City, Vietnam, on Nov 30, 2023.HANOI - Vietnam real estate tycoon Truong My Lan, sentenced to death in the country's largest-ever financial fraud case, had illegally transferred money abroad, according to police, with state media on Thursday reporting US$4.5 billion had been moved.
State media said on Thursday that Lan had illegally transferred US$1.5 billion out of Vietnam and moved US$3 billion into the country. The reports did not specify which countries were the recipients or origins of that money.
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