Vietnam tycoon sentenced to death in $12.5bn fraud case
- 11-Apr-2024
A court in Vietnam handed the death sentence on Thursday to real estate tycoon Truong My Lan for her role in a 304-trillion-dong ($12.5-billion) financial fraud, the country’s biggest on record, state media said. Her trial, begun on March 5 and ending earlier than planned, was one dramatic result of a campaign against corruption that […]
Police say tycoon’s missing wife likely killed
- 26-Jun-2019
The wife of a wealthy Norwegian businessman who disappeared nearly eight months ago was probably killed
UK’s real estate tycoon arrives in Islamabad to help PM on 5 million housing project
- 10-Sep-2018
ISLAMABAD: Prime Minister Imran Khan has invited a renowned real estate tycoon in the United Kingdom for consultation on the initiative to build five million cost-effective housing. Aneel Musarrat, a Manchester-based tycoon, on Monday arrived in Islamabad along with Sahibzada Amir Jehangir. He is one the richest men in the UK and is considered a […]
UK court lets Indian banks search, seize tycoon Mallya’s properties: media
- 06-Jul-2018
NEW DELHI: A consortium of Indian banks can search and seize the properties of Indian businessman Vijay Mallya in Britain, media reports said on Thursday, citing the decision of a British court. India wants to extradite Mallya from Britain on fraud charges and to help nearly a dozen Indian banks recover loans granted to his […]
Witness said US property tycoon admitted murdering friend
- 17-Feb-2017
NEW YORK: New York property tycoon Robert Durst confessed to carrying out the murder of close friend Susan Berman, a witness testified in a Los Angeles court Thursday. Durst, 73, whose life was the focus of an HBO series that ultimately led to his arrest, stands accused of the December 2000 execution-style killing of longtime […]
US law doesn’t bar Trump from business empire: Giuliani
- 14-Nov-2016
WASHINGTON: US law does not forbid Donald Trump from managing his corporate empire from the White House, according to one of his top advisors, who counseled nevertheless that the billionaire’s businesses be run by his adult children. Rudy Giuliani, a former mayor of New York and one of the leaders of Trump‘s presidential transition team, […]
Tycoon as president: Donald Trump’s conflicts of interest
- 11-Nov-2016
WASHINGTON: Head of a business empire and now US president: by combining these two roles, billionaire Donald Trump could face conflicts of interest of an scale unprecedented in American political history. The Republican elected to the White House Tuesday made his fortune by building a network of hotels, office towers and luxury apartment buildings as […]
Saudi tycoon raises stakes in Twitter
- 07-Oct-2015
RIYADH: Saudi tycoon Prince Alwaleed bin Talal and his Kingdom Holding Company announced Wednesday they have increased their stake in Twitter Inc to become the firm's second-largest shareholders.
Brazil judge in Batista case seen driving tycoon's seized Porsche
- 25-Feb-2015
RIO DE JANEIRO: The Brazilian judge presiding over criminal proceedings against charismatic entrepreneur Eike Batista, once Brazil's richest man, was seen on Tuesday driving a Porsche belonging to the fallen tycoon that had been seized by the court.
Riaz offers treatment of Peshawar attack victims in London
- 25-Jan-2015
LONDON: Business tycoon and chairman Bahria Town Malik Riaz has said 2.1 million new employment opportunities could be created if government assists in this regard, ARY News reported.