HANOI — Vietnamese prosecutors called on Tuesday for the death penalty to be handed to Truong My Lan, the alleged mastermind of the nation's largest financial fraud on record, state media said.Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, faces a trial in the economic hub of Ho Chi Minh City on accusations of leading a scam that caused damages of $20 billion, or about 4.9% of Vietnam's gross domestic product.
Lan and her accomplices are accused of siphoning off more than 304 trillion dong from Saigon Joint Stock Commercial Bank , which she effectively controlled through dozens of proxies, investigators say.Prosecutors have also accused the group of causing damages to the to the tune of a further 193 trillion dong, more than 129 trillion dong of which consists of accumulated interest on the loans they took.That carried total financial damages in the case to 498 trillion dong , the report said.
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