Скачать или смотреть Vietnam Upholds Death Penalty for Tycoon in $12 Billion Fraud Case

A Vietnamese court has upheld the death sentence for real estate tycoon Truong My Lan, convicted of embezzlement and bribery in a massive $12 billion fraud case. This high-profile case is a key part of Vietnam's intensified "Blazing Furnace" anti-corruption campaign, targeting illicitly obtained loans and fraudulent bond issuances.

Despite her lawyers citing partial repayment and remorse in their plea for leniency, the court emphasized the devastating impact of the crime on Vietnam’s banking sector and public trust. Truong My Lan's conviction is unprecedented, as the death penalty in Vietnam is typically reserved for violent crimes like murder. The scale and implications of her actions led to this severe sentence.

The case signals Vietnam's tough stance on corruption at the highest levels. Lan plans to pursue further legal action, though her options are limited under Vietnamese law.

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