Vietnamese businesswoman and billionaire tycoon Truong My Lan has been sentenced to death for financial fraud in her native Vietnam. The state-controlled newspaper Thanh Nien reports that a court in Ho Chi Minh City handed down the sentence against the 67-year-old, who was found guilty of embezzlement, bribery and breaching banking regulations as chairwoman of property developer Van Thinh Phat Holdings Group. She is alleged to have obtained around €11.6 billion through fraud. This is equivalent to almost three per cent of Vietnam's gross domestic product (GDP). It is the largest case of financial fraud in the country's history.

Chapters
00:00 Largest financial fraud case in Vietnam's history
00:33 Michael Tatarski, Journalist

#financialfraud #truongmylan #deathpenalty

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