He faces a proposed prison sentence of 5-6 years for ‘stock market manipulation’ and 19-20 years for ‘fraudulent appropriation of property.’Alongside Quyet, seven other prominent figures were prosecuted. Trinh Thi Minh Hue and Trinh Thuy Nga, Quyet's sisters, may be sentenced to 17-19 years and 10-12 years in jail, respectively. Former permanent chairwoman of FLC Group Huong Tran Kieu Dung could be jailed for 11-13 years, while Trinh Van Dai, deputy director of Faros Construction JSC, may receive 14-16 years. Nguyen Van Manh, head of FLC Land's material purchasing division, and Trinh Tuan, former FLC Land director, are looking at 7-9 years and 6-7.5 years respectively. Quyet also engaged in stock market manipulation from May 2017 to January 2022.

Source: Tuoitre News July 28, 2024 15:42 UTC