Vietnamese property tycoon Truong My Lan has been sentenced to death by a court in Ho Chi Minh City for embezzling more than $12bn in the country’s largest financial fraud, state media reported.
Lan, 67, had committed crimes with serious consequences and with no possibility of recovering the lost funds, state media quoted the court verdict as saying on Thursday.
Her actions had also eroded the public’s trust in the leadership of the ruling Communist party and the state, it said.
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