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Vietnamese billionaire sentenced to death in $12 billion fraud case

  • Vietnamese billionaire Truong My Lan sentenced to death for embezzlement of $12.5 billion from Saigon Commercial Bank .
  • Lan, along with 85 others, including former central bankers and ex-government officials, faced sentencing in Ho Chi Minh City.
  • Lan's family member plans to contest the verdict issued after a five-week trial.
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Inquirer broke the news in Manila, Philippines on Thursday, April 11, 2024.
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