The BBC reported that Truong My Lan had contacted friends to try to raise the funds to avoid the death penalty. Her legal team argues that repaying the money would be easier if she were serving a life sentence, as opposed to facing execution. “The total value of her holdings actually ex...
Real estate tycoon Truong My Lan was sentenced to death by a court in Ho Chi Minh City in the country’s largest financial fraud case ever, state media Vietnam Net said.
"In my desperation, I thought of death," she said, according to state media. "I am so angry that I was stupid enough to get involved in this very fierce business environment — the banking sector — which I have little knowledge of." Vietnamese property tycoon Truong My Lan (front ro...
The decision is a reflection of the dizzying scale of the fraud. Truong My Lan was convicted of taking out $44bn (£35bn) in loans from the Saigon Commercial Bank. The verdict requires her to return $27bn, a sum prosecutors said may never be recovered. Some believe the death penalty ...
Vietnam fraud death sentence: What to know A Vietnamese real estate tycoon has been sentenced to death in one of the country's largest financial fraud cases in history. Property developer Truong My Lan was sentenced Thursday for swindling cash from one of Vietnam's largest banks for over a...
HANOI--The death sentence for real estate tycoon Truong My Lan was upheld Tuesday in Vietnam's largest fraud case, the scale of which had raised concerns about the country's economy. She had been convicted in April of embezzlement and bribery over the fraud amounting to $12.5 billion, nearl...
HANOI, Vietnam (AP) — A Vietnamese real estate tycoon was convicted Thursday of fraudulently obtaining property worth billions of dollars and sentenced to life in prison, in a case that has been a centerpiece of the government's crackdown on corruption....
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.
Vietnamese lawyers Dang Dinh Manh, Dao Kim Lan and Nguyen Van Mieng forced to flee their country https://www.rfa.org/english/news/vietnam/lawyers-flee-06232023144453.html Vietnam: Halt spurious criminal investigations against human rights lawyers Dang Dinh Manh and Nguyen Van Mieng ...
For President Nixon, the verdict was superfluous as he decided to “commute” the sentence before it was even imposed. Much of what Jones has written reads like a “Grisham” type novel as rape, murder, deceit are all on full display inside and outside the courtroom. My Lai was the ...