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Vietnam auctions real estate linked to Truong My Lan
Ho Chi Minh City civil judgment enforcement authorities are auctioning multiple real estate properties belonging to Truong My Lan, the former Chairwoman of Van Thinh Phat Group. These auctions aim to fulfill financial obligations and compensation requirements resulting from her criminal convictions.
A scheduled auction on October 23 includes three properties with a combined starting price exceeding 334 billion VND. These include a villa at 22B Nguyen Thi Dieu valued at over 200 billion VND, a property at 142 Vo Van Tan starting at over 94 billion VND, and a residence at 151 Dong Khoi starting at over 37.3 billion VND.
Additional properties have also undergone valuation, including land in Long Phuoc and a property on Tran Quoc Toan, with combined starting prices exceeding 169 billion VND. These assets are being liquidated to help satisfy Truong My Lan’s obligation to reimburse over 30,081 billion VND to more than 43,000 victims and stakeholders involved in the Van Thinh Phat case.
Entities
Ho Chi Minh City · Ho Chi Minh City Civil Judgment Enforcement Agency · Truong My Lan · Van Thinh Phat Group
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Ho Chi Minh City civil judgment enforcement authorities are auctioning real estate linked to Truong My Lan. cafef.vn · soha.vn
- [● 2 SOURCES] The total starting price for the three properties being auctioned on October 23 is over 334 billion VND. cafef.vn · soha.vn
- [○ 1 SOURCE] Three additional properties in Long Phuoc and Tran Quoc Toan have been valued at over 169 billion VND.
- [○ 1 SOURCE] Authorities have previously auctioned 8 of Truong My Lan's assets, recovering over 1,806 billion VND.
- [● 3 SOURCES] Truong My Lan is obligated to reimburse over 30,081 billion VND to more than 43,000 victims. cafef.vn · soha.vn
- [● 3 SOURCES] The villa at 22B Nguyen Thi Dieu has a starting price of over 200 billion VND. cafef.vn · soha.vn