HCM City, March 25 -- The High-level People's Court in Ho Chi Minh City on March 25 commenced the appeal trial for the second phase of the high-profile case involving Van Thinh Phat Group and Saigon Commercial Joint Stock Bank (SCB). The case is being reviewed on appeal following requests from Truong My Lan and 27 other defendants. Lan has appealed the entire verdict, challenging her convictions for "fraudulent appropriation of assets" (embezzling nearly 30.87 trillion VND - 1.2 billion USD - from 35,824 secondary investors), "money laundering" (involving 445.75 trillion VND), and "illegal cross-border money transfers" (4.5 billion USD). Other defendants are seeking reduced sentences, suspended sentences, or reconsideration of certain cha...
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