High-profile real estate tycoon Truong My Lan was sentenced to death Thursday in Vietnam’s largest ever financial fraud case. The 67-year-old — who chaired a company that developed luxury hotels and apartments — was charged with fraud totaling $12.5 billion. Lan’s arrest
Truong My Lan, a real estate tycoon, faces the death penalty in a trial that began on Tuesday for alleged fraud amounting to $12.5 billion. Lan, the 66-year-old chair of Van Thinh Phat real estate company, allegedly utilized thousands of ghost companies,
The BBC is gearing up for the start next month of the latest battle for Lord Sugar’s £250,000 investment – but records show most winners do not hang around for long with him. The tycoon is still in business with just three
Humza Yousaf is courting controversial Scottish businessman Sir Brian Souter in the face of a looming SNP cash crisis, with donations drying up following a police probe into the party’s finances. Sir Brian, who is the co-founder of the Stagecoach transport empire,
Hong Kong media mogul Jimmy Lai should be released and his “politically motivated prosecution” halted, claims Foreign Secretary Lord Cameron. The move comes before a high-profile trial of the pro-democracy publisher. Lord Cameron condemned the charges against Mr Lai, who faces a
The owner and pilot of the Titan submersible that imploded in the Atlantic Ocean this week, sparking a massive search and rescue mission, attempted to sell two tickets to the trip at a significantly-reduced price and dismissed safety concerns raised by the
A billionaire property developer has been caught on camera allegedly spitting in the face of a restaurant worker. Patrick Carroll has been banned from five Miami eateries after being accused of screaming at a staff member at Japanese restaurant Hiyakawa when they
The Daily Express has joined more than 100 news organisations calling for the release of a media tycoon jailed in Hong Kong. Jimmy Lai, who is a naturalised British citizen, founded a newspaper that was critical of the Chinese state. The 75-year-old
Russia’s major oil tycoon and a member of the country’s former President Boris Yeltsin was found dead in a cottage near Moscow. Vyacheslav Rovneiko, 59, a major oil oligarch of the late 1990s and early 2000s, was found in an unconscious state
One of the UK’s richest illiterate men, holiday park tycoon Cresswell Welch, has described Rishi Sunak’s controversial plan to make every school pupil in the country study maths to the age of 18 as “the best thing in the world”. Despite not