Vietnamese tycoon escpaes death sentence over $27bn fraud case

Vietnamese tycoon escpaes death sentence over $27bn fraud case

Truong My Lan 68, was convicted last year of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud with damages totalling $27 billion – equivalent to around six percent of the country’s GDP

Vietnamese property tycoon Truong My Lan (C-L) looks on at a court in Ho Chi Minh city on March 25, 2025. AFP