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Russian Billionaire Says He Lost Rs 80,915 Crore After Criticising Ukraine War: "I Was Like A Hostage"
He had to sell his bank stake at a massive loss, calling it a "hostage" situation highlighting how Putin's Russia deals with billionaires who speak out.
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Fugitive Businessman Vijay Mallya Loses Appeal Against UK Bankruptcy Order
Indian tycoon Vijay Mallya on Wednesday lost an appeal against a bankruptcy order made by London's High Court over a more than 1 billion-pound ($1.28 billion) debt to lenders including the State Bank of India.
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How Vietnamese Business Tycoon Masterminded World's Biggest Bank Fraud
Truong My Lan, a 68-year-old real estate tycoon, was convicted in April 2024 for using hundreds of ghost companies to control Saigon Commercial Bank and embezzle billions.
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Vietnam Jails Luxury Property Tycoon For 8 Years Over $335 Million Bond Scam
A top Vietnamese luxury property tycoon was sentenced to eight years in prison, state media said Wednesday, after he was accused of cheating thousands of investors in a $355 million bond scam.
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Missing Banking Tycoon Bao Fan Resurfaces, Resigns From All Roles At China Renaissance
After an absence of nearly a year, Bao Fan, the Chinese billionaire banker, has stepped down from all positions within his company, China Renaissance Holdings.
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Vietnam Property Tycoon Faces Trial Over $12.5 Billion Fraud
The chairwoman of major property developer Van Thinh Phat will go on trial in Vietnam, accused with accomplices of embezzling $12.5 billion from a bank "for personal purposes", the official government website said.
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Russian Tycoon Oleg Tinkov Claims He Was Forced To Sell Bank Stake After Denouncing "Crazy War" In Ukraine
Russian banking tycoon Oleg Tinkov has said that he was forced to go into hiding and sell his stake in the bank he founded after openly criticising the war in Ukraine.
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Court Allows Banks To Sell Vijay Mallya's Properties To Recover Debts
A Prevention of Money Laundering Act (PMLA) court has allowed banks to sell certain real estate assets and securities and of fugitive business tycoon Vijay Mallya to recover their debts.
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Indian Banks Back In UK Court To Pursue Vijay Mallya Bankruptcy Order
A consortium of Indian banks led by the State Bank of India (SBI) was back for a High Court hearing in London on Friday in pursuit of a bankruptcy order against embattled liquor tycoon Vijay Mallya, as they attempt recovery of debt from loans paid ou
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As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away
British industrialist Sanjeev Gupta's companies seemed to be prospering until his main lender Greensill Capital imploded last month. But before it collapsed, several banks cut off the commodity trading business of Mr Gupta's Liberty House Group.
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Russian Billionaire Says He Lost Rs 80,915 Crore After Criticising Ukraine War: "I Was Like A Hostage"
He had to sell his bank stake at a massive loss, calling it a "hostage" situation highlighting how Putin's Russia deals with billionaires who speak out.
-
Fugitive Businessman Vijay Mallya Loses Appeal Against UK Bankruptcy Order
Indian tycoon Vijay Mallya on Wednesday lost an appeal against a bankruptcy order made by London's High Court over a more than 1 billion-pound ($1.28 billion) debt to lenders including the State Bank of India.
-
How Vietnamese Business Tycoon Masterminded World's Biggest Bank Fraud
Truong My Lan, a 68-year-old real estate tycoon, was convicted in April 2024 for using hundreds of ghost companies to control Saigon Commercial Bank and embezzle billions.
-
Vietnam Jails Luxury Property Tycoon For 8 Years Over $335 Million Bond Scam
A top Vietnamese luxury property tycoon was sentenced to eight years in prison, state media said Wednesday, after he was accused of cheating thousands of investors in a $355 million bond scam.
-
Missing Banking Tycoon Bao Fan Resurfaces, Resigns From All Roles At China Renaissance
After an absence of nearly a year, Bao Fan, the Chinese billionaire banker, has stepped down from all positions within his company, China Renaissance Holdings.
-
Vietnam Property Tycoon Faces Trial Over $12.5 Billion Fraud
The chairwoman of major property developer Van Thinh Phat will go on trial in Vietnam, accused with accomplices of embezzling $12.5 billion from a bank "for personal purposes", the official government website said.
-
Russian Tycoon Oleg Tinkov Claims He Was Forced To Sell Bank Stake After Denouncing "Crazy War" In Ukraine
Russian banking tycoon Oleg Tinkov has said that he was forced to go into hiding and sell his stake in the bank he founded after openly criticising the war in Ukraine.
-
Court Allows Banks To Sell Vijay Mallya's Properties To Recover Debts
A Prevention of Money Laundering Act (PMLA) court has allowed banks to sell certain real estate assets and securities and of fugitive business tycoon Vijay Mallya to recover their debts.
-
Indian Banks Back In UK Court To Pursue Vijay Mallya Bankruptcy Order
A consortium of Indian banks led by the State Bank of India (SBI) was back for a High Court hearing in London on Friday in pursuit of a bankruptcy order against embattled liquor tycoon Vijay Mallya, as they attempt recovery of debt from loans paid ou
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As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away
British industrialist Sanjeev Gupta's companies seemed to be prospering until his main lender Greensill Capital imploded last month. But before it collapsed, several banks cut off the commodity trading business of Mr Gupta's Liberty House Group.
