- A court in Vietnam has sentenced restate tycoon Truong My Lan to death after being found guilty of embezzlement.
- Lan was found guilty of embezzlement, bribery and violations of banking rules.
- State media has quoted prosecutors as saying Lan had not pleaded guilty.
A court in Vietnam has sentenced real estate tycoon Truong My Lan to death over her role in a 304 trillion dong ($19.10 billion) financial fraud case — the country’s biggest on record.
Her trial, which started on 5 March and ended earlier than planned, was a dramatic result of a campaign against corruption that the leader of the ruling Communist Party, Nguyen Phu Trong, has pledged for years to stamp out.
Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, was found guilty of embezzlement, bribery and violations of banking rules at the end of a trial in the business hub of Ho Chi Minh City, state media said.
Source: https://www.sbs.com.au/news/article/vietnamese-real-estate-tycoon-sentenced-to-death-in-countrys-biggest-financial-fraud-case/qipwn1k3g
