This is a Vietnam news story, published by ABC News, that relates primarily to Truong My Lan news.
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82% Informative
Truong My Lan was already convicted in April of fraud amounting to $12.5 billion in a separate case and sentenced to death by lethal injection.
She was accused of raising $1.2 billion from nearly 36,000 investors by issuing bonds illegally through four companies.
Lan 's arrest in October 2022 was among the most high-profile in an ongoing anti-corruption drive in Vietnam .
Analysts said the scale of the scam raised questions about whether other banks or businesses had similarly erred, dampening Vietnam ’s economic outlook and making foreign investors jittery at a time when Vietnam is trying to position itself as the ideal home for businesses trying to diversify supply chains away from China . ___ Rising reported from Bangkok ..
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