Billionaire sentenced to death

Sharing is Caring!

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.

See also  Man Who Attacked Paul Pelosi Sentenced to 30 Years in Federal Prison

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.

See also  US finds Putin probably did not order Navalny’s death in February: aljazeera

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.

Views: 555

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.