What to know about the real estate tycoon sentenced to death in Vietnam s largest fraud case
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Who is Truong My Lan, the business tycoon, sentenced to death in Vietnam s largest fraud case?
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Truong My Lan, chairwoman of Van Thinh Phat Holdings Group, has been sentenced to death for her role in a $12.5 billion financial fraud, the largest in Vietnam s history. The verdict is part of Vietnam s crackdown on corruption led by General Secretary Nguyen Phu Trong, with 84 defendants receiving sentences ranging from probation to life imprisonment. Lan s case highlights the pervasive nature of corruption in Vietnam s state and economy, with the "Blazing Furnace" campaign targeting senior officials and business executives.