Vietnamese tycoon Truong My Lan, sentenced to death for a $27 billion fraud, will appeal.

Vietnamese property tycoon Truong My Lan, sentenced to death for a $27 billion fraud involving Saigon Commercial Bank, will appeal her conviction. Her appeal, starting Monday in Ho Chi Minh City, will also address requests from 47 other defendants. Lan describes her death sentence as "too severe" and seeks a more lenient punishment. The scandal led to significant financial losses for tens of thousands of investors and rare protests.

November 03, 2024
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