Truong My Lan

Life sentence cut to 30 years in prison for Vietnam’s death-row property mogul Truong My Lan

The tycoon’s death penalty for embezzlement is still upheld from a separate appeal trial last year

Property developer Truong My Lan (in blue) looks on at a court in Ho Chi Minh City on Tuesday. She is appealing against the verdict from a second trial in October, in which she was sentenced to life in prison for three crimes.

Vietnam death row tycoon begins appeal in US$17.7 billion money-laundering case

[HO CHI MINH CITY] The appeal of a Vietnamese property tycoon convicted of money laundering began on Tuesday (Mar 25), three months after she lost a challenge against the death penalty in a separate c...

Truong My Lan has become the most high-profile case of the ruling Communist Party’s corruption crackdown.

Vietnam mogul scrambles to pay back bondholders as appeal starts

Truong My Lan and her team are focusing on securing funds to pay back bondholders, according to her lawyer Giang Hong Thanh

Judges on Tuesday upheld the death sentence of property developer Truong My Lan, who was convicted this year of embezzling vast sums from the Saigon Commercial Bank, which she controlled, having borrowed from tens of thousands of small investors.

Huge Vietnam fraud case raises questions over banking system

A MULTI-BILLION-DOLLAR fraud scandal involving one of Vietnam’s most prominent tycoons exposed systemic weaknesses in the country’s banking sector, say analysts who warn other such cases could yet eme...

Truong My Lan (centre), the former chairperson of real estate developer Van Thinh Phat Holdings Group, was sentenced to death in April for her role in a financial fraud case that is Vietnam’s biggest on record.

Vietnam court upholds death sentence for tycoon in billion-dollar fraud case

It says a commutation could be considered during the execution of the verdict

The court ruled in April that Truong My Lan must compensate Saigon Commercial Bank a total of 674 trillion dong – an amount Lan appealed against but still committed to repay “at all costs”.

Vietnam’s death-row property mogul seeks lifeline from Malaysian tycoon Vincent Tan and foreign investors

Truong My Lan eyes asset sales, including a key project to Malaysia’s Berjaya Corporation founder, in a bid to repay debts and avoid execution

Truong My Lan and 33 other defendants were brought to the court in Ho Chi Minh City early Thursday in a convoy of police vans, as dozens of fraud victims waited outside demanding to be let in to the hearing attended by nearly 100 defence lawyers.

Vietnam death row tycoon faces money laundering trial

Truong My Lan was found guilty in April of swindling cash from the Saigon Commercial Bank (SCB) over a decade

Truong My Lan is appealing the death sentence handed to her in April after she was found guilty in a US$12 billion fraud case.

Vietnam tycoon Truong My Lan faces second trial while appealing death penalty

THE second trial of Vietnamese real estate tycoon Truong My Lan on charges including alleged money laundering will begin Sep 19 as she appeals a death penalty verdict from earlier this year.

Truong My Lan, chair of major developer Van Thinh Phat, was found guilty of swindling cash from Saigon Commercial Bank (SCB) over a decade.

Vietnam property tycoon sentenced to death in multibillion-dollar fraud case

A top Vietnamese property tycoon was sentenced to death on Thursday (Apr 11) in one of the biggest corruption cases in history.