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Trương Mỹ Lan
Trương Mỹ Lan (; born 13 October 1956) is a Vietnamese businesswoman who founded the real estate development group , of which she is on the board of directors. A key figure in Vietnam's largest, multi-billion-dollar financial fraud, Lan was sentenced to death for embezzlement, bribery, and violations of banking regulations on 11 April 2024, before the sentence was commuted to life imprisonment in 2025. In October 2022, she was arrested for using fake loan applications to embezzle more than US$12.5 billion from Sai Gon Joint Stock Commercial Bank, which she controlled through more than two dozen middlemen. This caused a bank run. In March 2024 the trial for embezzlement, bribery, and violating banking regulations began. It is considered the largest corruption scandal in Southeast Asia's history. She was convicted and sentenced to death the following month. Her death sentence was eventually commuted to life imprisonment in 2025, after Vietnam abolished the death penalty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ho Chi Minh City
Ho Chi Minh City (HCMC) ('','' TP.HCM; ), commonly known as Saigon (; ), is the most populous city in Vietnam with a population of around 14 million in 2025. The city's geography is defined by rivers and canals, of which the largest is Saigon River. As a Municipalities of Vietnam, municipality, Ho Chi Minh City consists of 16 List of urban districts of Vietnam, urban districts, five Huyện, rural districts, and one Municipal city (Vietnam), municipal city (sub-city). As the largest financial centre in Vietnam, Ho Chi Minh City has the largest gross regional domestic product out of all Vietnam provinces and municipalities, contributing around a quarter of the Economy of Vietnam, country's total GDP. Ho Chi Minh City metropolitan area, Ho Chi Minh City's metropolitan area is List of ASEAN country subdivisions by GDP, ASEAN's 5th largest economy, also the biggest outside an ASEAN country capital. The area was initially part of Cambodian states until it became part of the Vietna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maritime Transport
Maritime transport (or ocean transport) or more generally waterborne transport, is the transport of people (passengers or goods (cargo) via waterways. Freight transport by watercraft has been widely used throughout recorded history, as it provides a higher-capacity mode of transportation for passengers and cargo than land transport, the latter typically being more costly per unit payload due to it being affected by terrain conditions and road/rail infrastructures. The advent of aviation during the 20th century has diminished the importance of sea travel for passengers, though it is still popular for short trips and pleasure cruises. Transport by watercraft is much cheaper than transport by aircraft or land vehicles (both road and rail), but is significantly slower for longer journeys and heavily dependent on adequate port facilities. Maritime transport accounts for roughly 80% of international trade, according to UNCTAD in 2020. Maritime transport can be realized over an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Straits Times
''The Straits Times'' (also known informally by its abbreviation ''ST'') is a Singaporean daily English-language newspaper owned by the SPH Media Trust. Established on 15 July 1845, it is the most-widely circulated newspaper in the country and has a significant regional audience. The newspaper is published in the broadsheet format and online, the latter of which was launched in 1994. It is regarded as the newspaper of record for Singapore. Print and digital editions of ''The Straits Times'' and ''The Sunday Times'' had a daily average circulation of 364,134 and 364,849 respectively in 2017, as audited by Audit Bureau of Circulations Singapore. In 2014, country-specific editions were published for residents in Brunei and Myanmar, with newsprint circulations of 2,500 and 5,000 respectively. History Early years The original conception for ''The Straits Times'' has been debated by historians of Singapore. Prior to 1845, the only English-language newspaper in Singapore was ''The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lethal Injection
Lethal injection is the practice of injecting one or more drugs into a person (typically a barbiturate, paralytic, and potassium) for the express purpose of causing death. The main application for this procedure is capital punishment, but the term may also be applied in a broader sense to include euthanasia and other forms of suicide. The drugs cause the person to become unconscious, stops their breathing, and causes a heart arrhythmia, in that order. First developed in the United States, the method has become a legal means of execution in Mainland China, Thailand (since 2003), Guatemala, Taiwan, the Maldives, Nigeria, and Vietnam, though Guatemala abolished the death penalty for civilian cases in 2017 and has not conducted an execution since 2000, and the Maldives has never carried out an execution since its independence. Although Taiwan permits lethal injection as an execution method, no executions have been carried out in this manner; the same is true for Nigeria. Lethal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1MDB Scandal
The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. Although it began in 2009 in Malaysia, the scandal's global scope implicated institutions and individuals in politics, banking, and entertainment, and led to criminal investigations in a number of nations. The 1MDB scandal has been described as "one of the world's greatest financial scandals" and declared by the United States Department of Justice as the "largest kleptocracy case to date" in 2016. A 2015 document leak reported in ''The Edge'', '' Sarawak Report'', and ''The Wall Street Journal'' showed that Malaysia's then-Prime Minister Najib Razak had channeled over RM (about US$) into his personal bank accounts from 1MDB, a government- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Van Thinh Phat Fraud Case
A van is a type of road vehicle used for transporting goods or people. There is some variation in the scope of the word across the different English-speaking countries. The smallest vans, microvans, are used for transporting either goods or people in tiny quantities. Mini MPVs, compact MPVs, and MPVs are all small vans usually used for transporting people in small quantities. Larger vans with passenger seats are used for institutional purposes, such as transporting students. Larger vans with only front seats are often used for business purposes, to carry goods and equipment. Specially equipped vans are used by television stations as mobile studios. Postal services and courier companies use large step vans to deliver packages. Word origin and usage Van meaning a type of vehicle arose as a contraction of the word caravan. The earliest records of a van as a vehicle in English are in the mid-19th century, meaning a covered wagon for transporting goods; the earliest reported rec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nguyễn Phú Trọng
Nguyễn Phú Trọng ( ; 14 April 194419 July 2024) was a Vietnamese politician and political theorist who served as general secretary of the Communist Party of Vietnam from 2011 until his death in 2024. As the head of the party's Secretariat, Politburo and Central Military Commission, Trọng was Vietnam's supreme leader. From 2018 to 2021, he also served concurrently as the tenth president of Vietnam. A conservative Marxist–Leninist, Trọng joined the Communist Party of Vietnam in 1967 and rose through the section devoted to political work. He later joined the party's Central Committee in 1994, its Politburo in 1997 and Vietnam's National Assembly in 2002. Between 2000 and 2006, he was the Party Secretary for Hanoi, effectively the city's highest-ranking position. He served as Chairman of the National Assembly from 2006 to 2011. Trọng rose to the general secretaryship at the party's 11th National Congress in 2011 and was re-elected at the 12th National Congre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corruption In Vietnam
Corruption in Vietnam is pervasive and widespread, due to weak legal infrastructure, financial unpredictability, and conflicting and negative bureaucratic decision-making. Surveys from 2015 revealed that while petty corruption decreased slightly throughout the country, high-level corruption significantly increased as a means of abuse of political power in Vietnam. Corruption is a very significant problem in Vietnam, impacting all aspects of administration, education and law enforcement. Vietnam is an one-party state under the Communist Party of Vietnam (CPV). In 2015, the party stated that corruption had moved up the political agenda, and the legal framework for tackling corruption had become "better developed". A major anti-corruption campaign began the next year, and by 2024, more than 2,700 party organisations and 168,000 party members were punished, including 33 current or former Central Committee members and 50 high-ranking military officers. As of January 2018 Vietnam s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vietnamese đồng
The dong (; ; ; sign: ₫ or informally đ and sometimes Đ in Vietnamese; code: VND) is the currency of Vietnam, in use since 3 May 1978. It is issued by the State Bank of Vietnam. The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced the previously used French Indochinese piastre. Formerly, it was subdivided into 10 hao (''hào''), which were further subdivided into 10 ''xu'', neither of which are now used due to inflation. The Vietnamese dong has increasingly moved towards exclusively using banknotes, with lower denominations printed on paper and denominations over 10,000 dong, worth about 40¢ dollar or euro, printed on polymer. As of 2022, no coins are used. Generally, Vietnam is moving towards digital payments. The 500,000-dong note (VND) is the highest-denomination banknote in circulation in Vietnam. The note is dark blue in color and has been in circulation since 2003. As of August 2024, the Vietnamese dong is th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Fraud
Bank fraud is the use of potentially illegal means to obtain money, assets, or other property owned or held by a financial institution, or to obtain money from depositors by fraudulently posing as a bank or other financial institution. In many instances, bank fraud is a criminal law, criminal offence. While the specific elements of particular banking fraud laws vary depending on jurisdictions, the term bank fraud applies to actions that employ a scheme or artifice, as opposed to bank robbery or theft. For this reason, bank fraud is sometimes considered a white-collar crime. Types of bank fraud Accounting fraud In order to hide serious financial problems, some businesses have been known to use fraudulent bookkeeping to overstate sales and income, inflate the worth of the company's assets, or state a profit when the company is operating at a loss. These tampered records are then used to seek investment in the company's bond or security issues or to make fraudulent loan applica ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shell Companies
A shell corporation is a company or corporation with no significant assets or operations often formed to obtain financing before beginning business. Shell companies were primarily vehicles for lawfully hiding the identity of their beneficial owners, and this is still the defining feature of shell companies due to the loopholes in the global corporate transparency initiatives. It may hold passive investments or be the registered owner of assets, such as intellectual property, or ships. Shell companies may be registered to the address of a company that provides a service setting up shell companies, and which may act as the agent for receipt of legal correspondence (such as an accountant or lawyer). The company may serve as a vehicle for business transactions without itself having any significant assets or operations. Shell companies are used for legitimate purposes but can be used for tax evasion, tax avoidance, money laundering, to dodge current or future lawsuits or to achie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
