Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Vietnamese billionaire sentenced to death for $44bn fraud - BBC News
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.
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.
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.
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
