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 testify, while 10 state prosecutors and around 200 lawyers were involved.

The evidence was in 104 boxes weighing a total of six tonnes.

Eighty-five defendants were tried with Truong My Lan, who denied the charges.

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36 thoughts on “Vietnamese billionaire sentenced to death for $44bn fraud | BBC News”

  1. Anyone who makes money there is no way they can spend, does it with straight evil intentions. What the fuck you gonna do with 47 billions? Even if you don't make a single more dime and have 100 kids and 200 grandchildren, you can't spend it all for next hundreds of years. There is a Turkish proverb for this situation "Çok laf yalansız, çok mal haramsız olmaz. (Too much talk cannot be without lies, too much wealth cannot be without haram.)" The "haram" here indicates "stealing" because stealing is forbidden/haram so it means if you can't have too much money without stealing from someone else.

    Good job fighting againsts the corruption and crime Vietnam! I truly did not expect it from Vietnam. They surprised me. Really GOOD JOB! 👍

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  2. 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.

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  3. 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

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  4. 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.

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  5. 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…?

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  6. 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.

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