A Vietnamese real estate tycoon is at the centre of the largest bank fraud in global history, facing a death sentence for embezzling billions of dollars. The Case That Shook Vietnam Truong, once the chairwoman of Van Thinh Phat Group and one of Vietnam’s wealthiest figures, was convicted earlier this year for secretly controlling Saigon Joint Stock Commercial Bank, the …
Former promoters of Dewan Housing Finance Ltd are among 13 accused who have been arrested for defrauding a consortium of 17 banks of Rs 34,615 crore The CBI has booked former CMD Kapil Wadhawan and director Dheeraj Wadhawan of Dewan Housing Finance Ltd in the “biggest” banking fraud in India. The audit of DHFL account books showed that the company …
The Communist Party of India on Tuesday said rights activists like Varavara Rao, Sudha Bharadwaj and others who were recently arrested by the Pune police for allegedly conspiring to kill Prime Minister Narendra Modi had no connection with it. In a statement, the CPI Central Committee member described the implication of intellectuals like Varavara Rao and others in a ‘concocted’ …