Vietnam court may commute tycoon's death sentences if she repays $11 billion

The Gazette

Summary

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The Vietnamese real estate magnet's appeal against death sentence was rejected but can avoid execution if she pays back $9 billion, which is 75% of the embezzled amount.
ABP Live
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Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, was sentenced to death in April for her role in what was Vietnam's biggest financial fraud case on record.
Voice Of America
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Property developer Truong My Lan, 68, was convicted earlier this year of swindling money from Saigon Commercial Bank (SCB), which prosecutors said she controlled, and condemned to die for fraud totalling $27 billion.
Hürriyet Daily News
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Lan, 67, was convicted in April of embezzlement and bribery amounting to $12.5 billion, equivalent to 3 per cent of the country's GDP.
CTV News

■ Story #15 ▪

issue 88:88 ▪

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updated 88:88

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