Hanoi, Vietnam — A former Vietnamese property and aviation tycoon charged with $146 million (around R2.66 billion) in fraud and stock market manipulation went on trial in Hanoi Monday, the latest corruption case targeting the communist country's business elite. Trinh Van Quyet, who owned the FLC empire of luxury resorts, golf courses, and the budget Bamboo Airways, had nearly $2 billion (around R36.
58 billion) in stock market wealth before his arrest, according to state media estimates. But on Monday the 48-year-old — handcuffed and dressed in a white shirt — was led into court by police officers. The trial comes just days.
.. AFP.
