Court upholds death sentence for property tycoon in $27 bln bank fraud
Truong My Lan, former chairwoman of Van Thinh Phat Group, received death penalty.
Topic: Truong My Lan
Downfall of a Vietnam's Real Estate Tycoon: Truong My Lan Sentenced to Death for Massive Banking Fraud
In a stunning verdict, the former chairman of Van Thinh Phat Group, Truong My Lan, was sentenced to death for her central role in a sweeping banking scandal that saw the misappropriation of over $27 billion from Saigon Commercial Joint Stock Bank. The case has rocked Vietnam's financial sector and exposed the dangers of unchecked corporate power.