Sentenced to Death – Now She Also Receives Life Imprisonment

The Vietnamese magnate Truong My Lan is sentenced to life imprisonment for illegally acquiring properties worth billions.

The businesswoman has already been sentenced to death in a previous trial. In April, she was found guilty of embezzling the equivalent of over 130 billion kronor from the state – nearly three percent of Vietnam's total GDP – in a court in Ho Chi Minh City. The verdict has been appealed.

Truong My Lan was arrested in October 2022. The two trials against the 68-year-old real estate magnate are a central part of the Vietnamese government's ongoing anti-corruption campaign.

In March, the former president Vo Van Thuong resigned after also being implicated in the corruption scandal.