CNN — Property tycoon Truong My Lan was one of Vietnam’s richest businesswomen. She had been put on death row by a Ho Chi Minh City court in April for embezzling more than $12 billion – an amount equivalent to roughly 3% of Vietnam’s entire economy. Humble beginnings Born to a modest Sino-Vietnamese family in 1956, Lan started out selling …
A Vietnamese court upheld the death penalty Tuesday for a property tycoon in a multibillion-dollar fraud case -- but said her life could still be spared if she paid back three quarters of the assets she embezzled. Property developer Truong My Lan, 68, was convicted this year of swindling money from Saigon Commercial Bank -- which prosecutors said she controlled …
As part of a major state anticorruption drive, she was convicted in April for her role in a $12.5bn financial fraud case. Vietnamese property tycoon Truong My Lan, who was sentenced to death this year in the country’s biggest corruption case, has gone on trial on additional fraud charges, state media reported. Lan, the chair of real estate company Van …
Top Vietnamese property tycoon Truong My Lan- chair of major developer Van Thinh Phat- was sentenced to death over her role in a 304 trillion dong financial fraud case. Business woman Truong My Lan, front center, attends a trial in Ho Chi Minh City, Vietnam. Prosecutors called for Truong My Lan to face the death sentence- a severe punishment in …
Welcome to Sportstar’s LIVE Updates of the 36th National Games in Gujarat Want to know more about the events taking place today? Rajasthan wins first set against Tamil Nadu 25-21 men’s football semifinal 2 Full-time and West Bengal is through to men’s football final and will meet Kerala in the gold showdown Woah, 13 added minutes and the score is …