Current location:Global Gateway news portal > opinions
Tycoon Truong My Lan's death sentence is a turning point for Vietnam
Global Gateway news portal2024-05-08 14:25:26【opinions】0People have gathered around
IntroductionHANOI, Vietnam (AP) — The unusually harsh death sentence given to a real estate tycoon in Vietnam wa
HANOI, Vietnam (AP) — The unusually harsh death sentence given to a real estate tycoon in Vietnam was a pivotal moment in the decadelong “Blazing Furnace” anti-corruption campaign as the Vietnamese business community wrestled with an uncertain future Friday.
Real estate tycoon Truong My Lan, who was sentenced to death Thursday by a court in Ho Chi Minh city for orchestrating the country’s largest ever financial fraud case, was one of Vietnam’s most important businesspeople for years. She has been convicted for fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP — and for illegally controlling a major bank and allowing loans that resulted in losses of $27 billion, state media outlets reported.
Vietnam typically gives death penalties crimes like terrorism or murder and, according to Amnesty International, has among the highest rates of capital punishment worldwide. But a death sentence for a financial crime is rare in the country.
Address of this article:http://ukraine.camilleandconfettis.com/news-899e899087.html
Very good!(7)
Related articles
- Lok Sabha elections 2024: Why Modi and BJP face strong resistance in south India
- Josie Gibson voices fears over having her heart broken AGAIN amid string of romantic disasters
- Stephenson hits 1st career grand slam, Fairchild drives in 2 as the Reds beat the Angels 7
- Owusu, Johnson spark Toronto to 1
- Surprise! Zendaya unveils SECOND red carpet look at Met Gala as she wows in corseted off
- China promoting rapid development of commercial space industry: CNSA
- China promoting rapid development of commercial space industry: CNSA
- Spring outing popular among Chinese people: survey
- Zelensky 'assassination plot foiled' as Ukraine detains two of its own counter
- House of Horrors survivor Jordan Turpin, 23, goes public with her new BOYFRIEND
Popular articles
Recommended
Shanghai Shenhua soars as Changchun Yatai struggles in Chinese Super League
Santiago Rodríguez had a goal and an assist as NYCFC beats DC United 2
Caballero's tiebreaking double in the 10th lifts Rays past Yankees 2
Arturas Karnisovas vows to make changes after the Bulls missed playoffs for 2nd straight season
Worker killed, another injured, when truck crashes through guardrail along California freeway
Ober throws 6 solid innings as Twins stop 5
Shirtless James Argent displays his incredible 14
First aid consignment via Cyprus corridor departs for Gaza
Links
- Lawmakers in Serbia elect new government with pro
- Chinese embassy urges US, UK and Australia to stop forming exclusionary blocs
- Venezuelan workers march to support president, slam US sanctions
- Venezuelan workers march to support president, slam US sanctions
- Pennsylvania nurse who gave patients lethal or possibly lethal insulin doses gets life in prison
- Palestine denounces Israeli settlers' assault on Jordanian aid convoys
- Xi sends congratulatory letter to forum on space cooperation with LatAm, Caribbean countries
- Midea reports 10% revenue increase in Q1
- Ricky Stenhouse Jr. signs multiyear extension with JTG Daugherty Racing for NASCAR Cup Series
- Oklahoma teen Noah Presgrove's cause of death is revealed