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Verdict in fraud trial of property tycoon Truong My Lan to be announced, Ho Chi Minh, Vietnam - 11 Apr 2024
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Verdict in fraud trial of property tycoon Truong My Lan to be announced, Ho Chi Minh, Vietnam - 11 Apr 2024

Truong My Lan (C), chairwoman of Van Thinh Phat Holdings, sits during her trial at the Ho Chi Minh City People's Court in Ho Chi Minh City, Vietnam, 11 April 2024. Vietnamese tycoon Truong My Lan awaits her verdict, potentially facing the death penalty for one of the country's largest fraud cases, which involves the embezzlement of USD 12.5 billion from Saigon Commercial Bank. She, along with 85 others, is awaiting verdicts and sentencing in Ho Chi Minh City on charges that include bribery, abuse of power, appropriation, and violations of banking laws. Lan has denied the charges.

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