Vietnamese tech star suspends startups amid legal dispute, police probe. He denies wrongdoing
KEVIN Tung Nguyen, a prominent Vietnamese tech founder, has temporarily shut down operations at his two startups, JobHopin and Skola.
Nguyen is in a legal dispute with his wife over the ownership of Skola, an edtech platform registered both in Vietnam and Singapore, according to documents and sources who spoke to Tech in Asia.
In addition, Nguyen is being investigated by Vietnam’s Police Department for Economic Crimes (C03) over allegedly misappropriating funds at Skola. The entrepreneur, however, has denied any wrongdoing.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Power of payouts: A big chunk of the STI has just gone ex-dividend. What’s next?