Disgraced Vietnamese tycoon repays $310m debt for reduced sentence

Appeal trial for Truong My Lan's life sentence set to conclude this month

COPIED: 20241203 Truong My Lan AP24338163864676.jpg

Vietnamese real estate tycoon Truong My Lan attends a court hearing in an appeal against her death sentence in a financial fraud case, in Ho Chi Minh City on Dec. 3, 2024. © AP

MAI NGUYEN

HANOI -- Disgraced Vietnamese tycoon Truong My Lan has repaid 8 trillion dong ($310 million), equating to a quarter of the funds involved in her fraud case defrauding bondholders, and could see her life sentence reduced, state-run Vietnam News Agency reported on Thursday.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.