CNN —
The death sentence handed to a real estate tycoon in a $12.5 billion financial fraud case is the latest punishment meted out by Vietnam in the Southeast Asian country’s sweeping “blazing furnace” anti-corruption campaign.
Thursday’s ruling against Truong My Lan, the former chairwoman of property developer Van Thinh Phat Holdings Group, follows the resignation of two presidents in just over a year, in departures linked to separate allegations of wrongdoing.
The sheer scale of Lan’s misconduct has rattled the public in a country that has long projected an image of authoritarian stability, analysts say
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