The High-level People's Court in Ho Chi Minh City today (December 3) sentenced defendant Truong My Lan and 47 accomplices. Based on the comments, the panel of judges partially accepted the appeal for leniency for defendant Truong My Lan, reducing the sentence from 20 years to 16 years for the crime of "Violating regulations on lending in the activities of credit institutions"; maintaining the death sentence for the crime of "Embezzlement of property"; maintaining the sentence of 20 years for the crime of "Giving bribes". Combining the sentences, the panel of judges ordered defendant Truong My Lan to serve the death sentence. The panel of judges also did not accept the appeal, maintaining the life sentence for the crime of "Receiving bribes" for defendant Do Thi Nhan. In addition, the panel of judges accepted the appeal of defendant Vo Tan Hoang Van (former General Director of SCB Bank), reducing the sentence from 19 to 16 years for the crime of "Violating regulations on lending in the activities of credit institutions", life for the crime of "Embezzlement of property". The combined penalty for both crimes is life imprisonment.

Defendant Truong My Lan. Photo: Dao Phuong

For defendant Chu Lap Co, the panel of judges accepted the appeal, reducing the sentence from 9 to 7 years in prison for the crime of "Violating regulations on banking activities and other activities related to banking activities". Other defendants whose appeals were accepted were Truong Hue Van - reduced from 17 to 13 years in prison; Truong Khanh Hoang (former acting General Director of SCB Bank) - from 18 to 17 years in prison; Tran Thi My Dung (former Deputy General Director of SCB Bank) - from 16 to 15 years in prison. Defendant Nguyen Cao Tri (former Chairman of the Board of Directors of Capella Company) had his appeal accepted by the panel of judges, reducing his sentence from 8 to 6 years in prison for the crime of "Abuse of trust to appropriate property". Defendant Tran Thi Kim Chi had her sentence reduced from 4 years in prison to 3 years in prison with a suspended sentence. The remaining 39 defendants also had their sentences reduced from 3 months to 3 years in prison. Defendant Truong My Lan has 7 days to submit a petition for amnesty. Regarding the property 21-21A Tran Cao Van, the panel of judges found that in essence, this property belongs to Ms. Truong My Lan, so the seizure to ensure execution of the judgment for the defendant is appropriate. Regarding the 5,000 billion VND of charter capital increase for SCB Bank that defendant Lan requested to return to pay for execution of the judgment, according to the panel of judges, SCB's document confirmed the completion of the capital increase by the end of 2021, the money has been integrated into the bank's general operations. The panel of judges also did not accept defendant Lan's request to waive more than 673 billion VND of court fees; at the same time, the entire amount of money the defendants paid to remedy the consequences to SCB Bank was transferred to deduct the defendant's obligations. The panel of judges ordered defendant Truong My Lan to compensate SCB Bank 673,000 billion VND; The panel also announced that SCB Bank would cooperate with the enforcement of the judgment to handle 1,121 collateral assets for 1,243 loans; continue to seize 658 assets owned by Van Thinh Phat Group; continue to seize real estate and yachts of defendant Truong My Lan. The panel also announced that defendant Truong My Lan has the right to submit a petition for clemency to the President within 7 days of the judgment taking effect. If the defendant actively cooperates and overcomes 3/4 of the consequences, the sentence will be changed from death penalty to life imprisonment.

Vietnamnet.vn

Source: https://vietnamnet.vn/bac-don-khang-cao-giu-nguyen-an-tu-hinh-bi-cao-truong-my-lan-2348079.html