A court in Vietnam has sentenced real estate tycoon Truong My Lan to death over her role in a 304 trillion dong financial fraud case — the country's biggest on record. Her trial, which started on 5 March and ended earlier than planned, was a dramatic result of a campaign against corruption that the leader of the ruling Communist Party, Nguyen Phu Trong, has pledged for years to stamp out.
It was not clear how Lan had pleaded, although state media has quoted prosecutors as saying she had not pleaded guilty. The Thanh Nien newspaper said 84 defendants in the case received sentences ranging from probation for three years to life imprisonment. Lan and her accomplices were accused of siphoning off more than 304 trillion dong from Saigon Joint Stock Commercial Bank , which she effectively controlled through dozens of proxies, according to investigators.
Source: Real Estate Daily Report (realestatedailyreport.net)
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