Billionaire sentenced to death

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A Vietnamese property developer was sentenced to death on Thursday for looting one of the country’s largest banks over a period of 11 years.

Truong My Lan was convicted for taking out $44bn (£35bn) in loans from the Saigon Commercial Bank.

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Prosecutors said $27bn may never be recovered.

Authorities said 2,700 people were summoned to testify, while 10 state prosecutors and around 200 lawyers were involved.

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The evidence was in 104 boxes weighing a total of six tonnes.

Eighty-five defendants were tried with Truong My Lan, who denied the charges.

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