The High-level People’s Court in Hanoi on March 25 afternoon decided to postpone the appeal hearing for the case of stock market manipulation and fraudulent appropriation of property involving the FLC Group JSC (FLC Group), which opened on the same day, allowing the defendants to have more time to compensate victims.
Trinh Van Quyet, former Chairman of the Board of Directors of the real estate developer FLC Group JSC, on August 5 was sentenced to 21 years in prison for the charges of "fraudulent appropriation of property" and "stock market manipulation".
A prison term from 24 to 26 years has been proposed for Trinh Van Quyet, former chairman of the Board of Directors of the real estate developer FLC Group JSC, for the charges of "fraudulent appropriation of property" and "stock market manipulation".
The Hanoi People's Court on July 22 opened a first instance trial for 50 defendants in a case occurring at FLC Group Joint Stock Company.
The Supreme People's Procuracy has recently issued an indictment prosecuting 51 defendants in the case of stock market manipulation related to the FLC Group Joint Stock Company.
VOV.VN - Prime Minister Pham Minh Chinh has issued a telegram requesting relevant ministries and agencies to intervene to ensure healthy and effective operations of the stock and corporate bond markets.
The Ministry of Public Security’s Investigation Police Agency on April 8 launched criminal proceedings against and detained two other suspects for assisting Trinh Van Quyet, former Chairman of the FLC Group JSC, in manipulating the stock market.
The Investigation Police Agency under the Ministry of Public Security, on April 8, sent a document to eight banks requesting them to provide information to serve the investigation of the act of stock market manipulation against Trinh Van Quyet, Chairman of FLC Group Joint Stock Company.
The domestic stock market has still been assessed positive despite recent adverse impact, partially thanks to its internal factors, the head of the State Securities Commission (SSC) affirmed on March 31.
The Civil Aviation Authority of Vietnam (CAAV) has held an urgent meeting with key leaders of Bamboo Airways to assess risks and ensure absolute flight safety after this carrier’s Chairman Trinh Van Quyet had been temporarily detained on the charge of stock market manipulation.