A Vietnamese court has upheld the death sentence for Truong My Lan, the chairwoman convicted of embezzling $12.5 billion in a fraud case, rejecting her appeal to overturn the verdict.
Truong My Lan, the chairwoman of a major real estate firm in Vietnam, has had her death sentence upheld by the court following a massive $12.5 billion fraud case.
In April, she was convicted of embezzling nearly 3% of Vietnam’s 2022 GDP, a crime prosecutors called "unprecedented," severely damaging the economy and shaking investor confidence.
The Ho Chi Minh City court rejected her appeal, ruling that her death sentence will stand unless she repays three-quarters of the stolen funds.
Lan, a central figure in Vietnam’s anti-corruption crackdown, known as "Blazing Furnace," had hoped for leniency after admitting guilt and making partial repayments. However, the court found these actions insufficient. Lan can still request a legal review, but for now, her sentence remains unchanged.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 9th of December, covering the latest developments you need to know.
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Lithuania on Tuesday declared a state of emergency due to threats to public safety from smuggled balloons originating in Belarus, the government said.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 9th of December, covering the latest developments you need to know.
At a WHO supported malnutrition ward in Khartoum, doctors and mothers describe children arriving too weak to eat or drink as nearly three years of conflict, displacement and disease push Sudan towards famine.
Beijing has launched a scathing diplomatic attack on Tokyo, accusing Japan of exploiting the Taiwan issue to destabilise the region, following a dangerous naval encounter involving fire-control radar locks in the Pacific.
Thailand says it carried out air and ground operations along the Cambodian border as hostilities escalated, breaking the U.S. brokered ceasefire that halted five days of clashes in July.
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