Vietnamese billionaire sentenced to death for $44bn fraud | BBC News

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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…

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47 Comments

  1. their are many corrupt fraudulent politicians and alike in the UK 🇬🇧 but here there is no accountability and it seems if there is an scapegoat it's mostly a women who will get the blame

  2. hope this can be done in philippine government too, our own president got tax evasion for hundred of billion, and other corrupt government official, i swear ph is going down to hell

  3. She’s sentenced to death because she is just an ordinary citizen. A lot of Vietnamese communist officials got a lot of money through corruption and they get no penalty.

  4. One person can only eat so much, wear so many different clothes, have so much shelter. Why does any individual need $44 billion? Isn't $43 billion enough?

  5. Dèath?? That’s extreme if you ask me. I think they should force her to work for the government & show them how she made so much. 10 years & a forceable contracted job is harsher than this.. smh

  6. You're the first post, so you're not digging deep into the real reasons, and it's a totally untrusted news channel. The big fraud case was directed by the VC authorities to deprive all private assets of SCB.ank owners in the VC country. Lan was sentenced to death and had to pay nearly 27 billion USD in compensation. Only recently, in 2015, the VC government added the death penalty law to the corporate law for private companies that take advantage of their positions for corruption. The Procuracy convicted Lan for corrupt acts from 2018 to 2022. Although Lan holds more than 90% of SCB.ank shares, she does not hold any position in SCB.ank. Ridiculously, Lan was forced to pay $27 in compensation and was also sentenced to death.
    I want to speak up about the cunning of the VC government, which arranged and orchestrated everything to deprive all private property. Remember, her business has been doing well and has never been sued by customers due to interest rates or defrauded depositors. It is called a commun.IS.tt country with a socialist-oriented market economy.

  7. America's crooks are in the banking and the government beurocricies. Just look into George Soros and fellow demons who figured out you can buy appointed state DA's. Larry fink who is using his monopoly into bullying companies to comply to a DEI social credit system. Anheisur Bush was a Fink victim/ who chose their creditor over their customers. Unfortunately many large DEI compliant companies are just packaging, shipping, paper, ect. and aren't even recognized by the end of the line customers who can vote with their dollar. The System in America allows for these mass effect or "white collar" criminals to ride the line of the corrupt legal system while harming the whole structure of our economy and to the detrimental effect of working class Americans.

  8. She was born in a poor family. And She was get rich by her husband. So Of course human is greedy. People always want things more and more, But by how…? Who made her become this? I don’t think she can get this idea. If there is no government, no friends pushing her to get all of this by using her greed. Because no one can do this alone.

    The end. Look she’s face, she look so alone. But she’ll smile, and trying look all the people around who put all this thing on her shoulder alone. Some are friends, and some are family. How painful…?

  9. And it’s a woman, but that point will be missed.
    Why is this relevant? Because we are always told that it’s men who act like this in positions of power due to their toxic masculinity…

    The reality is women are just as susceptible to GREED as men.

  10. She would have become pm of India or atleast key member in India loot gang for that magnitude of fraud ….notorious looting criminal is best qualification for any one aspiring to be politician in India

  11. Imagine how many would be afraid for their evil greedy lives in the U.S.A., E.U., & Canada, if those places were this accountable & just? " White Collar" crimes are more rampant & insidious than any other crime nowadays, its what is destroying the success of capitalism which needs a fair & free market, that does not exist anymore due to the crooks in power.