Vietnamese Tycoon ‘Must Repay Billions to Avoid Execution’

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Truong My Lan lost her appeal against the death sentence for a $12bn bank fraud, but she could save her life if she returns most of the embezzled assets

The post Vietnamese Tycoon ‘Must Repay Billions to Avoid Execution’ appeared first on Asia Financial.

Lan could save her life, however, if she returns the bulk of the embezzled assets, according to state media outlets, which said she faces a scramble to repay billions of dollars.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaOmanThailandVietnam

Topics: Payments Regions Asia Real Estate Southeast Asia ESG World Fintech Insights Market Insights

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 11:28:25 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 462 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 24163941

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 1 weeks ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #86

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