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.
Rest of World News: Vietnamese tycoon Truong My Lan could face death for embezzling $12.5 billion from Saigon Commercial Bank. Amid protests, Lan denies charges of briber
Rest of World News: Vietnamese property magnate Truong My Lan has been handed a death sentence for a massive fraud scheme, involving billions of dollars. Lan, the chair o