Billionaire Given The Death Penalty For Robbing A Vietnam Bank Of $44 Billion!
Truong My Lan, a Vietnamese billionaire, was found guilty of 11 years of bank heisting and has been condemned to death.
On Thursday, April 11, at the opulent yellow portico of the colonial-era Ho Chi Minh City courthouse, Truong My Lan, 67, received a death sentence.One of the very rare Vietnamese women to receive a death sentence for a white-collar crime is the 67-year-old property developer.
After being found guilty, Truong My Lan borrowed $44 billion (£35 billion) from the Saigon Commercial Bank. The jury's decision mandates that she return $27 billion, a figure that the prosecution claimed might never be found.
Some think the court is attempting to get her to return some of the missing by imposing the death penalty.
Approximately two thousand witnesses were called to testify in the trial, which included about two hundred solicitors and ten state prosecutors. Truong My Lan, one of the 85 defendants on trial, refuted the allegations. The evidence was contained in 104 boxes totaling six tonnes in weight.
“There has never been a show trial like this, I think, in the communist era,” Former US State Department official David Brown, who has extensive experience working in Vietnam, stated, “There has certainly been nothing on this scale.”
The trial was the most dramatic phase of the Communist Party Secretary-General Nguyen Phu Trong's "Blazing Furnaces" anti-corruption campaign to date.
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