Vietnamese real estate tycoon to raise $9 billion or face death penalty

An Ho Chi Minh City court upheld a death sentence for Vietnamese real estate magnate Truong My Lan after convicting her for embezzlement and bribery in the country's biggest financial fraud case. The 68-year-old still has the right to request a review of the case and can also commute her sentence to life imprisonment if she raises 75 percent of the sums she embezzled, which would total $9 billion. Also, a new plan to reduce the chances of drought in the Panama Canal raises concerns. 

Dec 3, 2024 - 06:00
182118
Vietnamese real estate tycoon to raise $9 billion or face death penalty
An Ho Chi Minh City court upheld a death sentence for Vietnamese real estate magnate Truong My Lan after convicting her for embezzlement and bribery in the country's biggest financial fraud case. The 68-year-old still has the right to request a review of the case and can also commute her sentence to life imprisonment if she raises 75 percent of the sums she embezzled, which would total $9 billion. Also, a new plan to reduce the chances of drought in the Panama Canal raises concerns. 
Original Post >>    

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.