Vietnam auctioned off two Hermes handbags owned by real estate tycoon Truong My Lan, convicted in the nation’s largest fraud case, for 14.21 billion dong ($539,000) as efforts to clawback billions of dollars in ill-gotten wealth accelerate.
Vietnam auctioned off two Hermes handbags owned by real estate tycoon Truong My Lan, convicted in the nation’s largest fraud case, for 14.21 billion dong ($539,000) as efforts to clawback billions of dollars in ill-gotten wealth accelerate.
Truong My Lan, chairwoman of Van Thinh Phat Holdings, center, at the Ho Chi Minh City People’s Court in Ho Chi Minh City, Vietnam, on Thursday, Sept. 19, 2024. The second trial of Vietnamese real estate tycoon Truong My Lan on fresh fraud charges is scheduled to begin on Thursday, underscoring the new Communist Party chief’s determination to press ahead with a crackdown on corruption.
Anmelden
