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More damage control than deterrence in death sentence for Vietnam’s $12 billion fraudster

Truong My Lan’s huge fraud scheme reached its peak during Hanoi’s vaunted ‘blazing furnace’ anti-corruption drive. After Truong My Lan was sentenced to death last week over her role in a US$12.5 billion financial fraud case, the consensus appears to be that the Communist Party of Vietnam is offering up a human sacrifice to show that its… Continue reading More damage control than deterrence in death sentence for Vietnam’s $12 billion fraudster

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