Vietnam billionaire Truong My Lan receives death sentence in $12.5bn fraud case | Corruption Scandal Update


In a major anti-corruption crackdown in Vietnam, the largest case of fraud in the country’s history has been revealed. Property tycoon Truong My Lan, the chair of prominent developer Van Thinh Phat, has been sentenced to death for her involvement in a $12.5 billion financial fraud case. The trial in Ho Chi Minh City concluded with Lan being found guilty of embezzlement, bribery, and breaking banking regulations. This case marks a significant step in the government’s efforts to combat corruption in Vietnam.


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