Today (October 1), the trial of defendant Truong My Lan and her accomplices continued with the lawyers' questioning of the defendants' confiscated assets.

Because Ms. Lan previously wanted to get back the 2 albino Hermes bags, but late yesterday afternoon she wanted to auction these 2 bags, so her lawyer wanted to clarify whether the defendant wanted to get them back or auction them?

In response to the lawyer's request, Ms. Lan stated that she did not want to auction these two bags anymore and that even if she had money, she could not buy them.

“The defendant got these two bags thanks to the names of Truong My Lan and Chu Lap Co. These are two souvenir bags, I ask the jury to let me get them back. The defendant thinks that if I auction them off, it will take a long time, so I might as well tell my children and grandchildren to go abroad to earn money to redeem them. Now that I am like this, who would dare to buy those two bags back?” Ms. Lan said.

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Defendant Truong My Lan. Photo: AT

Regarding the fact that a mysterious person in the US wants to repay the loan of 250 million USD (excluding interest) that Ms. Lan borrowed from several foreign credit institutions when buying the Capital building at 29 Lieu Giai (Hanoi), and also wants to lend Ms. Lan an additional 130 million USD to compensate the victims, defendant Lan said that if that were possible, it would be great.

"If I had such a friend, it would be great, so the defendant told lawyer Huyen Trang that the friend should come see me," Ms. Lan explained.

In addition, Ms. Lan added: “The defendant has many friends like this. In phase 1, there was a group of world billionaires who wanted to take over SCB bank to take full responsibility for the amount of money that the defendant was accused of embezzling. They were the ones who were willing to do all the projects that the defendant introduced. Someone asked the defendant how much money he needed to solve the problem for the people. At that time, the defendant was very surprised.”

In response to the request of lawyer Phan Trung Hoai to confirm and clarify the main sources of money used to remedy the consequences of the case, Ms. Lan expressed her desire to use the money to prioritize the remedy for bond buyers. Regarding the source of money for remedy, the defendant agreed to use the seized and frozen assets in both phases and all the money to recover debts of organizations and individuals against the defendant.

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Defendants in court. Photo: AT

Ms. Lan estimated this amount to be about 21,000 billion VND (minus 1,500 billion VND paid for phase 1). Ms. Lan said that all of it was cash that her debtors brought to court to pay. As for how to prioritize the use of this amount, the panel of judges will determine.

Ms. Lan also requested the People's Court to force SCB to return the 6A Binh Chanh project and 65 other assets that SCB is holding. According to Ms. Lan, the 6A project was one of the five assets used as collateral to restructure SCB since the merger years. Later, due to other sources of money, she paid SCB in full and currently has no debt. However, up to this point, SCB is still holding the red book of the project.

The lawyer said that the 6A project is currently valued at 16,540 billion VND by Hoang Quan Company and Ms. Lan agrees with this valuation and wants this project to compensate the people.

“The defendant also wants to send a message to SCB Bank, the bonds used by SCB, the defendant did not use them so he wants SCB to return the 6A project and 65 other assets. The defendant did not use them for his own enjoyment but used them to return to the people,” said Ms. Lan.

Defendant Truong My Lan demands 1,000 billion VND from the owner of Thu Thiem real estate company

Defendant Truong My Lan demands 1,000 billion VND from the owner of Thu Thiem real estate company

Ms. Truong My Lan confessed that she lent 1,000 billion VND to the General Director of Thu Thiem Real Estate Company and affirmed that this was her own money, not SCB's. Ms. Lan wants to recover this amount to remedy the consequences.
Ms. Truong My Lan wants to sell a series of shares to get money to overcome the consequences.

Ms. Truong My Lan wants to sell a series of shares to get money to overcome the consequences.

Ms. Truong My Lan hopes that the People's Court will cancel the seizure of shares in many companies such as: FWD Vietnam Life Insurance Company, Hop Thanh 1 Company... to sell to get money to remedy the consequences of the case.
Ms. Truong My Lan used a 'super project' to remedy the consequences but asked for 2 Hermes bags back.

Ms. Truong My Lan used a 'super project' to remedy the consequences but asked for 2 Hermes bags back.

Accepting to sell the "super project" Amigo on the prime land in the center of Ho Chi Minh City to get money to remedy the consequences, but Ms. Truong My Lan wants to ask for back 2 Hermes bags as... souvenirs.