Trương Mỹ Lan
Vietnamese businesswoman and criminal. (born 1956) / From Wikipedia, the free encyclopedia
Trương Mỹ Lan (Chinese: 張美蘭, born 13 October 1956) is a Vietnamese businesswoman and convicted criminal. She is the founder of Vạn Thịnh Phát Group, a real estate development group. In October 2022, she was arrested for using fake loan applications to embezzle more than US$12.5 billion from Sai Gon Joint Stock Commercial Bank, which she controlled through more than two dozen middlemen. This caused a bank run.
In this Vietnamese name, the surname is Trương. In accordance with Vietnamese custom, this person should be referred to by the given name, Lan.
Quick Facts Born, Other names ...
Trương Mỹ Lan | |
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Born | (1956-10-13) 13 October 1956 (age 67) |
Other names | Trương Muội |
Occupation | Real estate tycoon |
Spouse | Eric Chu Nap Kee |
Children | Chu Duyệt Phấn |
Conviction(s) | Embezzlement |
Criminal penalty | Death |
Details | |
Span of crimes | 2018–2022 |
Country | Vietnam |
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In March 2024, the trial for embezzlement, bribery, and violating banking regulations began. It is considered the largest corruption scandal in Southeast Asia's history.[1] On 11 April 2024, Lan was sentenced to death.[2]