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Vietnamese real estate tycoon to raise $9 billion or face death penalty

The Owner Press by The Owner Press
December 5, 2024
in Business News
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An Ho Chi Minh Metropolis courtroom upheld a dying sentence for Vietnamese actual property magnate Truong My Lan after convicting her for embezzlement and bribery within the nation’s greatest monetary fraud case. The 68-year-old nonetheless has the fitting to request a overview of the case and may also commute her sentence to life imprisonment if she raises 75 p.c of the sums she embezzled, which might complete $9 billion. Additionally, a brand new plan to cut back the probabilities of drought within the Panama Canal raises considerations. 



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