Vietnamese billionaire sentenced to death for $44B fraud
In Vietnam’s most spectacular trial to date, a 67-year-old property developer was sentenced to death for orchestrating one of the world’s largest bank frauds.
Truong My Lan, a prominent figure in Ho Chi Minh City’s business scene, was convicted of embezzling billions from Saigon Commercial Bank over 11 years.
The trial, marked by unprecedented transparency from the typically secretive communist authorities, involved extensive evidence and numerous defendants, the BBC has reported.
READ MORE: https://www.bbc.com/news/world-asia-68778636
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