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Global News Podcast

A property developer in Vietnam is sentenced to death for defrauding a bank

Global News Podcast

BBC

Daily News, News

4.38.2K Ratings

🗓️ 11 April 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

A court says she was the mastermind behind a scheme to defraud the Saigon Commercial Bank of more than forty billion dollars over a ten-year period. Also: President Zelensky makes a plea for more air defences, and the death is announced in Japan of the first foreign-born sumo champion - Akebono.

Transcript

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0:00.0

This is the Global News Podcast from the BBC World Service.

0:04.5

I'm Andrew Peach and at 13 hours GMT on Thursday the 11th of April, these are our main stories.

0:10.4

A property developer in Vietnam is sentenced to death for defrauding a bank of billions of dollars in one of the biggest corruption cases ever.

0:18.0

President Selensky makes a plea for more air defences after a third of Russia's strikes on energy infrastructure overnight

0:24.7

and not intercepted.

0:26.4

And South Korea's Prime Minister Hanuksu offers his resignation.

0:32.1

Also in this podcast, more security on the New York subway after incidents of gun violence.

0:37.0

Raddling off statistics saying things are getting better doesn't make you feel better.

0:42.0

Especially when you've just

0:43.5

heard about someone being slashed in the throat or thrown on to a subway's

0:47.2

tracks.

0:51.2

First the Vietnamese property tycoon Trong Milan has been sentenced to death

0:55.8

as part of one of the world's biggest ever fraud cases involving billions of

0:59.8

dollars. Along with more than 80 others she was arrested as part of a crackdown on corruption.

1:05.1

She denied the charges and blamed other employees claiming to have little knowledge of

1:09.7

the banking sector.

1:11.3

But the court found she knowingly stole funds using fake loan applications

1:15.5

and had bribed officials. Our Southeast Asia correspondent Jonathan Head is in Bangkok and told me

1:20.8

how rare a death sentence for a woman is.

1:24.3

This is unusual.

1:25.4

We found one other case of a woman, a state official being

1:28.4

sentenced to death for a white collar crime like this,

...

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