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The Latest Breaking News from SCB

Victims Of Vietnam Tycoon's Record Scam Count Losses After Sentence

A decade of selling diapers and baby products earned Nguyen Thi Huong a modest savings of $20,000 but her earnings vanished in Vietnam's biggest-ever scam that has seen the tycoon responsible sentenced to life in prison.

International Business Times

Thailand's SCB Announces 24/7 Stablecoin Remittances In Lightnet Partnership, Powered By Fireblocks

Thailand's oldest commercial bank has partnered with Lightnet to allow stablecoin settlements, integrating Fireblocks custody technology to enhance cross-border payments and remittances.

International Business Times

Vietnam Death Row Tycoon Faces Verdict In New Trial

A Vietnamese property tycoon sentenced to death for fraud totalling $27 billion faces a potential life sentence Thursday in a related trial on money laundering charges.

International Business Times

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

As part of major state anticorruption drive, she was convicted in April for her role in a $12.5bn financial fraud case.

Al Jazeera

From ‘open hearts’ to closed borders: behind Sweden’s negative net immigration figures

Record low asylum applications ‘surprising’ when global displacement is at all-time high, with aid agencies blaming fear and far-right rhetoric

The Guardian - UK

SCB-GHMC merger is unnecessary, says SCB member

SCB member opposes merger with GHMC, citing unjustified motivations; endorsed by Union Minister, under examination by Ministry of Defence.

The Hindu

Vietnam's Multi-billion Dollar Fraud Case: Key Things To Know

A high-profile Vietnamese real estate tycoon was sentenced to death on Thursday in one of the biggest corruption cases in history, with an estimated $27 billion in damages.

International Business Times

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Vietnam sentences real estate tycoon to death in its largest-ever fraud case

Truong My Lan, the 67-year-old chairwoman of the real estate company Van Thinh Phat, was formally charged with fraud amounting to $12.5 billion — nearly 3% of the country's 2022 GDP.

WEKU

Vietnam Property Tycoon Sentenced To Death In Multi-billion Dollar Fraud Case

A panel of three hand-picked jurors and two judges rejected all defense arguments by Truong My Lan, chair of major developer Van Thinh Phat, who was found guilty of swindling cash from Saigon Commercial Bank (SCB) over a decade.

International Business Times

Vietnam Property Tycoon Faces Verdict In Multi-billion Dollar Fraud Case

A top Vietnamese property tycoon faces a potential death sentence Thursday as she and her co-accused await verdicts in one of the biggest corruption cases in history, with an estimated $27 billion in damages.

International Business Times

Former SCB VP Jampana Pratap joins Congress

Experienced politician Jampana Pratap joins Congress in Hyderabad, boosting party's presence in Secunderabad Cantonment area.

The Hindu

Issued notices to Bantia, Imperial Gardens, other function halls: SCB informs High Court

The Hindu

Take action against Bantia, Imperial Gardens: HC tells SCB

The Hindu

Vietnam Property Tycoon On Trial In $12.5 Billion Fraud Case

A top Vietnamese property tycoon went on trial Tuesday along with dozens of others, accused of embezzling $12.5 billion in the country's biggest ever fraud case.

International Business Times

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The Hindu

SCB MLA Lasya Nanditha accident case: Tipper driver taken into custody for withholding information

Secunderabad MLA Lasya Nanditha's fatal crash on ORR, driver arrested for withholding information, officials confirm details.

International Business Times

The $12.5 Billion Fraud That Has Shocked Vietnam

Retired nurse Nga put her life savings into a bond at Vietnam's SCB bank, but now cannot access her money after being caught up with tens of thousands in a multibillion-dollar scam that has shocked the nation.

Chicago Sun-Times

MLK Day paint project offers a way to serve for any ability

Although Envision Unlimited’s Westtown center was closed Monday, the painting project took on the life of a project it normally hosts for people with developmental disabilities.

The Hindu

Residents must seek permission of Secunderabad Cantonment Board before drilling borewells

SCB requires permission & charges for borewells in Secunderabad Cantonment Board area. Residents' objections invited within 30 days.

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The Hindu

BRS victory would have expedited SCB-GHMC merger, says Cantonment MLA

G Lasya Nanditha, a first-time MLA, wins Secunderabad Cantonment Assembly constituency seat with 17,000 votes, promises to merge SCB with GHMC.

The Hindu

Secunderabad Cantonment: Educated eager for merger, poor worried about their rights

Secunderabad Cantonment is one of the 15 constituencies in Hyderabad, forming an integral part of the Malkajgiri Lok Sabha constituency.

The Hindu

Secunderabad Cantonment Board receives ₹5 crore grant-in-aid

SCB has been granted ₹5 crore by MoD for infrastructure development as part of the annual Grant-In-Aid disbursement of ₹300 crore to 48 deficit cantonment boards for FY 2023-24.

The Hindu

MoD proposes excision of 58 cantonment boards, including SCB

MoD proposes to excise 58 cantonments, incl. Secunderabad, to merge with State municipalities. Long-standing demand of SCB merger with GHMC. NGOs, RWAs wrote to PM Modi. MoD issued order to reopen 5 arterial roads. Consultation, concurrence of State govts needed for implementation.

The Hindu

Cantonment Board employees protest for benefits

Members of the All-India Cantonment Board Employees Federation (AICBEF) on Wednesday protested for benefits of employees and pensioners in the wake of the ongoing issue on excision of civil areas from Cantonment Board.

Bangkok Post

SCB Julius Baer targets second-generation wealth transfer

As the number of high net worth (HNW) individuals in Thailand continues to rise despite the uncertain global investment environment of the past few years, HNW wealth management matters have become more complex.

Daily Record

Dumfries butcher lands national recognition for pork sausages

Daniel West only took over Mogerleys from uncle Gordon Little a few months ago

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