Vietnam property tycoon arrested for alleged financial fraud; woman part of country's influential families group

Truong My Lan, chairwoman of Van Thinh Phat Group. - Vietnam News/ANN

HANOI, Oct 8, 2022 (AFP): A Vietnamese property magnate who heads up the Van Thinh Phat group is in police custody facing fraud allegations, authorities said on Saturday.

Company chairwoman Truong My Lan, 65, is married to a wealthy Hong Kong businessman and comes from "one of Vietnam's richest families", according to state media.