Prosecutors have charged a businesswoman and former beauty queen in Ho Chi Minh City for stealing millions of dollars from a real estate development project between 2007 and 2008.
The indictment was issued Monday against Truong Thi Tuyet Nga, 54, who has remained in custody since April 27, 2014.
Nga won the "Successful Lady" title at the 2009 Mrs Vietnam beauty pageant and was 1st runner-up at Mrs Vietnam Global 2012.
A doctor, Nga is the director of the Ho Chi Minh City-based Vu Anh International General Hospital and director of Vu Lan Construction and Investment Company.
Nga is the daughter of Truong Van Dang, former deputy high commander of the 7th Military Zone.
According to the indictment, Nga’s company designed a project to build a residential zone and commercial center on 30,000 square meters (7.4 acres) in HCMC’s District 2.
City authorities rejected the project because it was located on the planned Thu Thiem Railway Station.
However, Nga successfully convinced two individuals to invest in the project with deposits of US$3.1 million and VND1.45 billion ($68,145).
She then allegedly used her land title to take out a VND131 billion bank loan. Subsequently, using personal relations, Nga got back the land title certificate and illegally transferred its usage rights to her son.
Investigators from the Supreme People’s Procuracy, Vietnam’s highest prosecutors’ office, also voiced suspicion that Nga had engaged bribery, but noted that those suspicions would be explored in a separate case.
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