Court hears final plea from Truong My Lan, who highlights support from international investors.

Vietnam has formed an inter-agency task force to enforce court rulings and recover assets in the massive Van Thinh Phat corruption case, led by Deputy Prime Minister Nguyen Hoa Binh.

The prosecution rebuffed the defense’s proposal, noting SCB’s recovery plan is not subject to appeal trial review.

Lawyer reveals three major financial sources - including frozen accounts and seized assets - available for restitution in SCB bond scandal.

Truong My Lan upholds her appeal and vows to take responsibility for over $1.17 billion (28 trillion VND) in damages.

HCM City authorities have announced a compensation plan for tens of thousands of bondholders who were misled into purchasing bonds through a private lender in a case considered Vietnam’s worst financial fraud.

The court rejected clemency for Truong My Lan, citing the gravity of her crimes, but allowed her seven days to appeal for presidential clemency.

Will restitution and pledges for public welfare save Truong My Lan from execution in one of Vietnam’s largest embezzlement cases?

During the ongoing trial, Truong My Lan expressed emotional turmoil as the prosecution reaffirmed its stance on the death penalty.

The HCM City People’s High Court on Monday began deliberations regarding property tycoon Trương Mỹ Lan’s appeal against her death penalty verdict rendered at a trial earlier this year for massive fraud.

The High People’s Court in Ho Chi Minh City on November 4 opened the appellate trial for the case involving property developer Van Thinh Phat Group and Saigon Commercial Joint Stock Bank (SCB).

The appeal trial of Truong My Lan, chairwoman of Van Thinh Phat Group who was sentenced to death for fraud of US$27 billion, is set to begin next month.

After nearly a month of trial, the Ho Chi Minh City People’s Court on October 17 announced its verdict in the second phase of the case involving property developer Van Thinh Phat Group and Saigon Joint Stock Commercial Bank (SCB).

The court has received 5,965 compensation requests from victims of the Van Thinh Phat bond fraud case, with defendant Truong My Lan agreeing to use personal and corporate assets to repay victims.

Convicted fraudster Trương Mỹ Lan, who was sentenced to death earlier this year for her involvement in Việt Nam’s largest financial scandal, is seeking to compensate over 35,000 bondholders she swindled money from.

The Ho Chi Minh City People's Court has resumed the trial of Truong My Lan and 33 co-defendants in the second phase of the Van Thinh Phat case, where they are accused of defrauding over 35,000 investors in a massive bond scam.

Lan and her co-defendants are accused of fraudulent appropriation of property, money laundering and the unlawful transportation of currency across international borders.

In light of recent financial scandals, most notably the Saigon Commercial Bank case, the Ministry of Finance has introduced a draft amendment to the Law on Independent Auditing that proposes a substantial increase in fines for audit violations.

In the latest development of the Van Thinh Phat fraud case, the HCM City People's Court has issued a notice to more than 35,000 bondholders, urging them to verify their personal information and follow trial updates on the court's online portal.