The Vietnamese businesswoman Truong My Lan was sentenced to death yesterday by a court in Ho Chi Minh City, bringing to an expected end one of the country’s largest-ever corruption cases. The wealthy 68-year-old, who headed real estate company Van Thinh Phat (VTP), is accused of using “thousands of ghost companies” to embezzle 304 trillion … Read more
Vietnam yesterday opened its trial in the case of the real estate tycoon Truong My Lan, who faces the death penalty in one of the country’s largest-ever corruption cases. The 66-year-old, who headed real estate company Van Thinh Phat, is accused of using “thousands of ghost companies” to embezzle an eye-popping 304 trillion dong ($12.54 … Read more
The head of the Communist Party of Vietnam (CPV) has pledged to broaden and deepen its campaign against corruption, a week after police revealed the scale of an ongoing graft investigation worth an estimated $12.5 billion. “We need to conduct the anti-corruption fight faster in a more efficient manner,” CPV General Secretary Nguyen Phu Trong … Read more