"Vietnamese Tycoon Truong My Lan Sentenced to Death in Record $44 Billion Fraud Case"

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Source: Al Jazeera English
"Vietnamese Tycoon Truong My Lan Sentenced to Death in Record $44 Billion Fraud Case"
Photo: Al Jazeera English
TL;DR Summary

Vietnamese property tycoon Truong My Lan has been sentenced to death for her involvement in a $12.5 billion financial fraud case, the largest in the country's history. She was found guilty of embezzlement, bribery, and violating banking rules, illegally controlling a bank to siphon funds through ghost companies and bribes. The case is part of Vietnam's major state anticorruption drive, with unprecedented details of corruption cases being published and scrutinized by state media.

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