A Vietnamese property tycoon accused of embezzling $12.5 billion begins her trial

HANOI, Vietnam (AP) — Real estate magnate Truong My Lan faces the death penalty in a trial that began Tuesday over alleged fraud worth $12.5 billion — nearly 3% of the country’s GDP in 2022 and the largest financial fraud case ever in Vietnam. The 66-year-old chairman of real estate company Van Thinh Phat is … Read more

Hungary’s president resigns over a pardon in a child sexual abuse case

BUDAPEST, Hungary (AP) — Hungary’s conservative president resigned Saturday amid public outrage over a pardon she granted to a man convicted as an accomplice in a child sex abuse case, a decision that unleashed an unprecedented political scandal for the country. long-serving nationalist government. Katalin Novák, 46, announced in a televised announcement that she would … Read more