News Muncher - searching for property

2 weeks, 4 days ago

Truong My Lan: Vietnamese tycoon in a race to repay $9 billion to avoid execution

CNN

CNN — Property tycoon Truong My Lan was one of Vietnam’s richest businesswomen. She had been put on death row by a Ho Chi Minh City court in April for embezzling more than $12 billion – an amount equivalent to roughly 3% of Vietnam’s entire economy. Humble beginnings Born to a modest Sino-Vietnamese family in 1956, Lan started out selling …

Vietnam Trial Fraud Financial Bank Country State

3 weeks ago

Vietnam court upholds death sentence for property tycoon

Raw Story

A Vietnamese court upheld the death penalty Tuesday for a property tycoon in a multibillion-dollar fraud case -- but said her life could still be spared if she paid back three quarters of the assets she embezzled. Property developer Truong My Lan, 68, was convicted this year of swindling money from Saigon Commercial Bank -- which prosecutors said she controlled …

Vietnam Court Sentence Scb Lan

This Vietnamese Property Tycoon Is Facing Death Penalty For World's Biggest Bank Fraud — All About It

ABP News

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 …

Vietnam Death Death Penalty Fraud Court Penalty Bank

1 month ago

GHMC and SCB Clear Footpath Encroachments in West Marredpally

Deccan Chronicle

Hyderabad: GHMC and the Secunderabad Cantonment Board personnel in a joint operation cleared encroachments from footpaths in West Marredpally on Saturday, clearing the way for pedestrians. The drive targeted encroachments by commercial establishments, including pole signboards, overhead display boards, staircases, sheds, and other illegal constructions. Additional commissioner of police, traffic, P. Viswaprasad, GHMC deputy city planner R. Susmita, officials from …

Ghmc Scb

1 month, 2 weeks ago

Appeal begins for Vietnam death row tycoon

Raw Story

The appeal of a Vietnamese property tycoon sentenced to death for fraud totaling $27 billion began on Monday after she pleaded for a more "lenient and humane" sentence. The court will review Lan's request for a reduced sentence, along with that of 47 other defendants, during a three-week appeal attended by 100 lawyers, state media said. In her handwritten appeal …

Vietnam Appeal Court Sentence Scb Ho Chi Minh City Lan

3 months ago

Vietnam tycoon Truong My Lan, sentenced to death, faces new fraud trial

Al Jazeera

As part of a major state anticorruption drive, she was convicted in April for her role in a $12.5bn financial fraud case. Vietnamese property tycoon Truong My Lan, who was sentenced to death this year in the country’s biggest corruption case, has gone on trial on additional fraud charges, state media reported. Lan, the chair of real estate company Van …

Vietnam State Fraud Money Lan Sentenced Scb

5 months, 2 weeks ago

SCB-GHMC merger has more disadvantages than advantages, says board member

The Hindu

The merger of Secunderabad Cantonment Board with Greater Hyderabad Municipal Corporation has more disadvantages than advantages, said cantonment board member J. Ramakrishna on Monday. “The State government has failed to initiate any infrastructure development within SCB limits, allocate funds to SCB or provide sufficient water supply as per the residents’ demands,” he said. “Merging with the GHMC, given the latter’s …

Merger Ghmc Scb Ramakrishna

5 months, 3 weeks ago

SCB-GHMC Merger Is a Win-Win for Locals, Property Owners and Builders

Deccan Chronicle

Hyderabad: The defence ministry's announcement about merging the civilian areas of Secunderabad Cantonment Board with GHMC has significant implications for property owners and those residing in the cantonment limits. Post-merger, SCB residents will benefit from lower stamp duty rates and a more streamlined approval process for building permissions, an SCB official told Deccan Chronicle. According to a report, the property …

Property Property Owners Ghmc Scb

7 months, 2 weeks ago

Congress Candidate Promises Infrastructure Upgrade

Deccan Chronicle

Hyderabad: Sri Ganesh, contesting the May 13 Secunderabad Cantonment Assembly bypoll on a Congress ticket, constituency conducted door-to-door campaigning in SCB Ward-3 areas of Balamrai, Ambedkarnagar on Tuesday and asked for support based on the performance of the Congress government in the past five months. Sri Ganesh said Revanth Reddy had secured defence ministry approvals within a short span and …

Congress Revanth Reddy Scb Sri Ganesh Scb Area

8 months, 1 week ago

Truong My Lan: Vietnam billionaire sentenced to death in $27 billion fraud amounting to country's 6% GDP

Hindustan Times

Top Vietnamese property tycoon Truong My Lan- chair of major developer Van Thinh Phat- was sentenced to death over her role in a 304 trillion dong financial fraud case. Business woman Truong My Lan, front center, attends a trial in Ho Chi Minh City, Vietnam. Prosecutors called for Truong My Lan to face the death sentence- a severe punishment in …

Vietnam Death Scb Truong Lan My Lan Truong My Lan

1 year, 1 month ago

SCB residents fume over Rs five crore grant-in-aid

Deccan Chronicle

Hyderabad: Secunderabad Cantonment residents are decrying the 'meagre' Rs five crore grant-in-aid given by the Ministry of Defence to the Secunderabad Cantonment Board. According to him, their revenue sources include property taxes from residents, which is approximately Rs 30 crore and about Rs 10 crore from defence authorities, despite a proposed demand for over Rs 70 crore, and revenue in …

Crore Scb Mod Five Crore

1 year, 3 months ago

HC Directs State Govt to Pay SCB Rs 33.42 Crore

Deccan Chronicle

HYDERABAD: The Telangana High Court on Thursday ordered the state government, within four weeks, to pay Rs 33.42 crore to the Secunderabad Cantonment Board in net proceeds of duty levied on property transfers since 2014. The court said that failure to make the payment within the deadline would attract the levy of 12 per cent interest per annum on the …

Scb

2 years, 3 months ago

TS merger talks only to deny Rs 100 crore it owes to SCB

Deccan Chronicle

Hyderabad: The Telangana government's plan to combine a few pockets of civilian land in the cantonment with the GHMC was an attempt to avoid paying the Secunderabad Cantonment Board surcharge of Rs 100 crore on transfer of property tax, professional tax, and entertainment tax, a board official has said. The Telangana government embezzled Rs 100 crore in tax share that …

Telangana Ghmc Scb Rs 100 Crore 100 Crore Merger Talks

2 years, 4 months ago

SCB flying drones to identify illegal structures, mop up taxes

Deccan Chronicle

HYDERABAD: The Secunderabad Cantonment Board is using drones to identify illegal structures based on which property assessments will be made to boost tax collections. SCB CEO B. Ajith Reddy believes that deploying drones will help the SCB find illegal properties as well as bring all buildings under the ambit of tax and track down tax evaders. The survey will also …

Tax Water Scb

2 years, 8 months ago

SCB residents may have to cough up more property tax

Deccan Chronicle

Hyderabad: Officials of the Secunderabad Cantonment Board proposed to revise the three-decade-old property tax rates for residential and commercial buildings, to bring them on par with GHMC rates. "We propose to enhance the tax rates to a flat 30 per cent for residential and commercial properties, to bring them on par with the neighbouring municipal corporation," said B. Ajith Reddy, …

Tax Property Tax Cent Scb

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Truong My Lan: Vietnamese tycoon in a race to repay $9 billion to avoid execution

Vietnam court upholds death sentence for property tycoon

This Vietnamese Property Tycoon Is Facing Death Penalty For World's Biggest Bank Fraud — All About It

GHMC and SCB Clear Footpath Encroachments in West Marredpally

Appeal begins for Vietnam death row tycoon

Vietnam tycoon Truong My Lan, sentenced to death, faces new fraud trial

SCB-GHMC merger has more disadvantages than advantages, says board member

SCB-GHMC Merger Is a Win-Win for Locals, Property Owners and Builders

Congress Candidate Promises Infrastructure Upgrade

Truong My Lan: Vietnam billionaire sentenced to death in $27 billion fraud amounting to country's 6% GDP

SCB residents fume over Rs five crore grant-in-aid

HC Directs State Govt to Pay SCB Rs 33.42 Crore

TS merger talks only to deny Rs 100 crore it owes to SCB

SCB flying drones to identify illegal structures, mop up taxes

SCB residents may have to cough up more property tax