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Vietnam real estate tycoon sentenced to death

by NEWSROOM


The 67-year-old chair of the real estate company Van Thinh Phat was formally charged with fraud amounting to $US12.5 billion ($19.1 billion) – nearly 3 per cent of the country’s 2022 GDP.

Truong My Lan, center, in court in Ho Chi Minh City. AP

Her trial, begun on March 5 and ending earlier than planned, was one dramatic result of a campaign against corruption the leader of the ruling Communist Party, Nguyen Phu Trong, has pledged for years to stamp out.

“We will keep fighting to see what we can do,” a Lan family member told Reuters,…



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