Vietnam property tycoon on trial

HANOI: A top Vietnamese property tycoon went on trial on Tuesday accused of cheating thousands of investors in a $355-million bond scam, in the communist nation’s latest criminal case targeting high-flying business leaders. Vietnam has embarked on a sweeping graft crackdown in recent years, with corrupt officials and senior business figures among 4,400 people indicted […]

Vietnam property tycoon on trial

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HANOI: A top Vietnamese property tycoon went on trial on Tuesday accused of cheating thousands of investors in a $355-million bond scam, in the communist nation’s latest criminal case targeting high-flying business leaders.

Vietnam has embarked on a sweeping graft crackdown in recent years, with corrupt officials and senior business figures among 4,400 people indicted in more than 1,700 cases since 2021.

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