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Richest woman in Vietnam sentenced to death


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Behind the stately yellow portico of the colonial-era courthouse in Ho Chi Minh City, a 67-year-old Vietnamese property developer was sentenced to death on Thursday for looting one of the country's largest banks over a period of 11 years.

 

It's a rare verdict - she is one of very few women in Vietnam to be sentenced to death for a white collar crime.

 

Truong My Lan was convicted of taking out $44bn (£35bn) in loans from the Saigon Commercial Bank. The verdict requires her to return $27bn, a sum prosecutors said may never be recovered. Some believe the death penalty is the court's way of trying to encourage her to return some of the missing billions.

 

The habitually secretive communist authorities were uncharacteristically forthright about this case, going into minute detail for the media. They said 2,700 people were summoned to testify, while 10 state prosecutors and around 200 lawyers were involved.

 

The evidence was in 104 boxes weighing a total of six tonnes. Eighty-five others were tried with Truong My Lan, who denied the charges and can appeal.

 

All of the defendants were found guilty. Four received life in jail. The rest were given prison terms ranging from 20 years to three years suspended. Truong My Lan's husband and niece received jail terms of nine and 17 years respectively.

 

Edited by truthteller

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kill every rich person on earth :clap3:(yes, including your faves)

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who swindled $44bn

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one of the biggest bank frauds in history

Kinda burying the lede there, sis. :suburban:

 

Now, I don't support the concept of the death penalty, but the horrors Western billionaires have caused makes me question the idea that expropriation of wealth and forced re-education are somehow bad. Am I meant to somehow not enjoy the idea of Joe Biden using Elon Musk's wealth to fund Medicare For All and forcing him to break rocks?

 

I'd vote for Joe in a heartbeat if he promised to eliminate all billionaires. :suburban:

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a true white collar criminal wearing white collar!!

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It's what they deserve 

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Just a casual $44 billion fraud case skdjdjdkd

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Deserved. :clap3:Do this to every billionaire 

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imagine just casually scamming 44 billion out of a bank

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Let a queen live

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Not her making to Atrl :rip: this is actually one of the biggest frauds in modern history :rip: people in my country say that with her money she can buy hundreds of Taylor Swifts :rip:

Edited by duybeeGAshantiGA
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Shakira is taking notes :celestial5:

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See when you do clownery 

 

honestly no sympathy for that ***** 

 

rest in hell :ryan3:

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200w.gif?cid=6c09b9526fpsrjlehggn7a04czw

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We need live coverage 

 

:suburban:

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This is the future the commies want; for poor people to have justice :mazen:

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oh wow the modern day marie antoinette

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Seems a bit like an over reaction 💀

 

just put her in jail for the rest of her life. 

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cant wait to watch the netflix series tbh

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Definitely interesting the amount of "Taylor Swifts" she could buy with that money

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Oh, she's going straight to the deepest part of hell.

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what do you need 44bn for 

 

you are set for life with a 50 million net worth

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It's probably what they deserve. She seemed like a smart business woman, sad that greed took over.

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she did something bad

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6 minutes ago, Smarticle said:

she did something bad

then why'd it feel so good?

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