Vietnamese Govt Begins Trial Of Property Tycoon Accused Of Embezzling $12.5bn
LAGOS MARCH 5TH (NEWSRANGERS)-Real estate tycoon Truong My Lan faces the death penalty in a trial that began Tuesday over alleged fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP and Vietnam’s largest financial fraud case on record. The 66-year-old chair of the real estate company Van Thinh Phat allegedly used…