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International Business Times
International Business Times
Business
AFP News

Vietnam Property Tycoon Faces Verdict In Multi-billion Dollar Fraud Case

Truong My Lan Vietnam SCB Corruption
Vietnamese property tycoon Truong My Lan (C) looks on at a court in Ho Chi Minh City on Thursday (Credit: AFP)

A top Vietnamese property tycoon faces a potential death sentence Thursday as she and her co-accused await verdicts in one of the biggest corruption cases in history, with an estimated $27 billion in damages.

Truong My Lan, chair of major developer Van Thinh Phat, is accused of swindling cash from Saigon Commercial Bank (SCB) over a decade.

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