Truong My Lan: Vietnamese tycoon in a race to repay $9 billion to avoid execution

News Snapshot:

CNN — Property tycoon Truong My Lan was one of Vietnam’s richest businesswomen. She amassed an eye-wateringly valuable portfolio of luxury homes, hotels and commercial properties all over the country and abroad – allegedly by effectively turning a major bank into her own personal ATM. On Tuesday, the 68-year-old lost her appeal against the death sentence for masterminding one of the biggest frauds in global history, in which billions vanished from Vietnam’s financial system. She had been put on death row by a Ho Chi Minh City court in April for embezzling more than $12 billion – an amount equivalent...