A billionaire, property tycoon girl named in a multi-trillion fraud case was sentenced to demise in Vietnam.
In keeping with international media reviews, 67-year-old property tycoon Truong May Linh has been sentenced to demise in a financial institution fraud case in Vietnam.
The billionaire girl has been convicted of illegally taking $44 billion in loans from Saigon Business Financial institution.
Trung May Linh, the billionaire chairman of actual property developer Van Thien Phat Holdings Group, has been sentenced to demise after being discovered responsible of embezzlement, bribery and violating banking legal guidelines, Vietnamese state media mentioned. .
In keeping with international media reviews, 85 different accused have been tried together with Truong May Lin, all of whom have been discovered responsible.
4 of those accused have been sentenced to life imprisonment whereas the remainder of the accused have been sentenced to imprisonment starting from 20 years to three years.
Truong My Linh’s husband and niece have been additionally discovered concerned within the 12.5 billion fraud case and have been sentenced to 9 and 17 years in jail.
