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2024

Trial starts for Vietnam tycoon in $146 million graft case

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Hanoi, Vietnam - A former Vietnamese property and aviation tycoon charged with $146 million in fraud and stock market manipulation went on trial in Hanoi on 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 in stock market wealth before his arrest, acco