A top Vietnamese property tycoon was sentenced to death on Thursday in one of the biggest corruption cases in history, with an estimated $27 billion in damages.

A panel of three hand-picked jurors and two judges rejected all defence arguments by Truong My Lan, chair of major developer Van Thinh Phat, who was found guilty of swindling cash from Saigon Commercial Bank (SCB) over a decade.

“The defendant’s actions... eroded people’s trust in the leadership of the (Communist) Party and state,“ read the verdict at the trial in southern business hub Ho Chi Minh City.

After the five-week trial, 85 others were also sentenced on charges ranging from bribery and abuse of power to appropriation and violations of banking law. Four were given life imprisonment, while the others received jail terms ranging between 20 years and three years suspended.

Lan's husband, Hong Kong billionaire Eric Chu Nap Kee, was sentenced to nine years in prison.

Source: https://thesun.my/world/vietnam-property-tycoon-sentenced-to-death-in-multi-billion-dollar-fraud-case-AC12323021

That's a lot.

My gender get mind for this world.




In another news, there is a country still granting bail to corrupt individuals as a highest form of punishment. To wash your sins, just join the ruling party. One just get 50m in a lagos court today.