How did billionaire Truong My Lan steal 3% of Vietnam's 2022 GDP? | DW News

[@BlueJazzBoyNZ]

You don't do this BS alone...

[@filonin2]

Yeah, we know. They said she's being prosecuted with 84 other people @ 0:06.

[@l_vwv_l]

Can’t they slide me a couple bill😢

[@MrDosonhai]

@@filonin2 All those 84 are just goons. We're talking high-ranking officials, including the top four here. She's their scapegoat.

[@lemonhaze1506]

@@MrDosonhai High-ranking officials included in the 84 people

[@itsnotif.itswhen]

@@lemonhaze1506theyre not that high rank. We’re talking about prime minister level

[@28ebdh3udnav]

She didn't act alone. She promised some people money to help her steal and they would get a cut and when she got greedy, they testified against her

[@stevelee6283]

She just "front line" collector for "big bosses" behind. This is the Northern VC gang attacks Southern VC gang to take control Saigon wealthy and economics territorials.

[@Bikemom277]

And the money she stole, the people definitely won’t get it totally. She is just a scapegoat…

[@s4lino]

@@Bikemom277 she didn't seem very scared almost like Trump taking a snooze...must just be a scare/negotiation tactic considering the connections she has...probably just end up with some plea deal and no worry all is happy whilst all those average Viet people wonder why they are working so hard....

[@icemann4699]

If one has near total control of a financial business entity, it's not so hard to defraud and funnel vast amounts of money. Bernie Madoff who runs his investment securities firm defrauded investors for $18B and created a Ponzi scheme worth $65B! Of course, Madoff didn't do it all by himself. He (and family members) and several of his colleagues were involved and were later convicted.

[@Urtjjfjrjtk]

Thats how it goes

[@stevedolesch9241]

So, government is also guilty.

[@MrJohannespham]

In a country where the communist party even higher is than laws. Your guess could be correct

[@ktp20101]

You got it right. But she only got caught up because her biggest supporters retired, others who replaced that guy might be wasn't too happy with her.

[@WhyWorldWet]

This is why people don’t have faith in governments anymore. So much corruption.

[@AnthonyTolhurst-dw1nc]

Facilitators. She gets punished.

[@notorioustori]

Government is just a tool. It's the people who use the government for ill-gotten gains that are the issue.

[@KhoaBuiLawyer]

I am VN lawyer and got LL.M in an New York Law School, the actual reasons are between the lines. The banking and securities laws in Vietnam also contributed to this wrongdoing case. Besides, the competent administrators did knowingly learnt about her frauds (actually not only hers). There are complex issues here but personally the biggest issue here is the legal system and enforcement bodies.

[@dangda-ww7de]

Even the president of vn got ran out of office after only a year, the guy before him got ran out too, whenever you see a sport car in vietnam majority of those are these money here.

[@abanachelsea9884]

Are they going to carry out the death sentence or she has a way out by returning back the money ?

[@KhoaBuiLawyer]

@@abanachelsea9884 Even if she can return back the money in full, the death penalty was decided by the court. In this case, it seems no way for her to appeal the court's decision.

[@HiepNguyen-ox8cv]

Dù sao thì pháp luật cần khắc phục các lỗ hổng dần dần . Chúng ta chưa thể ban hàng luật khi nó chưa thực sự quan trọng .

[@vosanh-vodiet]

There are 86 people who have been imprisoned, one death penalty and three life sentence, many are sentenced between 3 to 20 years. This guy knows very superficially.

[@dictatoribenevolo8394]

this guy can barely string 3 words in a row into a coherent sentence

[@Vv0nG3r92]

Yeah either he isn't knowledgeable enough or his English is bad and shouldn't be giving an interview in english

[@FredPlanatia]

i could understand him just fine. He wasn't asked about what you mention. He answered the questions posed to him.

[@stupidcupid212121]

@@dictatoribenevolo8394 Try explaining politics in your second language and let's see how well you can string a sentence together

[@evelynmed]

@@Vv0nG3r92considering he's a professor at a high up American university you would have to assume his English is good enough 😅

[@AverageJoe483]

She paid off the wrong people it seems .

[@CrackHeadHuntersDopeman]

Didn't give her 10 percent to the Big Guy.🤷🏻

[@MrMarcalc]

@@CrackHeadHuntersDopemannice reference

[@luigibru8677]

Nah... the scam was too big to be kept secret for longer.

[@tkp97]

@@luigibru8677 apparently it has been happening for a decade. so yeahh

[@snowlion8352]

if she had paid the wrong people, would not had even got the loan money to began with. i thik she paid the right people and got the loan money, but the loan amount was too big to hide long enough. she was caught by her greed.

[@phuongha3113]

She's the one that got caught. There's still more of them that's hasn't been caught.

[@18booma]

Every real estate boss is rich off other peoples' money. If Vietnam wants to claim Communism, then they must start governing like it. No more private property! Only personal property and the peoples' property.

[@rick-be]

And won't be,because they are part of the Politburo.

[@giangtruong2909]

Can you tell who it is?

[@finalfantasy84]

i mean they say it in the video. 84 others have been caught 😅

[@TT-dp8qh]

You are damn right!

[@gskylexkk7280]

At 68, she still looks good, she looks calm even with a death sentence, at her age, she got nothing much to lose, she had been rich and powerful for a very long time whilst many poor Vietnamese people are still suffering from poverty.

[@TheRonnie34567]

She just lost the most valuble thing to loose that you cant get back,,,,LIFE

[@trungduong4040]

And she's the exact reason why thousands of Vietnamese people are now in poverty.

[@JohnEastmanExAttyAtLaw]

that is because she knows she will not get the death sentence. it will be commuted after they get the money back. she may do life though.

[@JohnEastmanExAttyAtLaw]

@Juann-je8gq every single death sentence of a financial crime was commuted. do you not know what that means?

[@zero_udk]

she looks scared af not calm

[@TheYohan1989]

How come this sentence was not applied to the corrupt officials in our country 🇵🇭

[@Ordell1991]

Same here 😐🇮🇩

[@elvirasampoli780]

Sana all,,my respect to the Vietnamese government ..in our country Philippines thief, corrupt govt officials lived like kings and queens, with out remorse,,😢

[@Badget007]

​@@elvirasampoli780and then one of them manages to be a century old

[@a3zth3tikz]

because instead of getting convicted of a crime, they get elected into government i mean, one even made it into presidency

[@crytallee2452]

It’s happyed only in communism country

[@sd906238]

She forgot to kick 10% up to "The Big Guy".

[@reznog12]

A taste was not given, Tony said! 😂. Death Penalty is wild though!

[@TheMIEProject]

actually she did. the "Big Guys" were sitting beside in court awaiting their charges =))

[@mark-]

The Vietnamese government is guilty as well then

[@mng1110]

The CP is actually 😂😂😂

[@kaliforniaman]

💯% correct someone please tell that to @azndragon75 😂

[@danielmelendez9943]

i am sure that due to the vast amount of money stolen, this was a joint effort on her behalf and problably some top officials knew what was going on but they all stay silent. This took years and this is only the money they have accounted, not what she paid for bribes.

[@raykane2063]

Looks like everyone had their eyes shut

[@williamwatitwa3534]

Who is Vietnamese government? [ its the people of Vietnam]

[@Siranoxz]

It seems that the government is equally complicit here.

[@Andyxxx2006]

The man they're interview wasn't even living in Vietnam and had no idea what is this case about.... He just doesn't like communism country and talking trash about the government.

[@namdangvan3345]

@@Andyxxx2006 you say soo true, this video so bad , it make everybody misunderstand

[@josephherrmann6304]

The government of Vietnam is complicated-everything is complicated whenever you have to use even just one document to do something. What is not complicated is their culture/lifestyle.

[@NghiaLe-zd2ff]

Then why they arrest her now? For as well being exposed with her?😂

[@Tiglath-PileserXIX]

Well at least they prosecute their own. Imagine this happening in African countries?

[@musicful7036]

The Guest didn't answer the question "how did she steal the money", but trying to push his narrative all over the place. She withdrew the regular people's life savings using fraud, proxies. Basically she built her own banks and stole money from the people, depositors, bondholders 42,000 victims and their families impacted, suffered severely.

[@GorgieClarissa]

Ooooh this explains it way better. Didn't realize she built her own banks.

[@subrotoxing8214]

It's not that far-off. because the technicalities is not important here, it's not too sophisticated. People notice their savings gone and businesspeople can't get funds in due time, she stole people's funds. it's not as if her method is very sophisticated people don't notice. there are more sophisticated long running scams that hasn't blown over you'd be dying to know how they pulled it off.. i.e amway. The biggest culprit is indeed as he pointed out how did she get away with fraud in broad daylight. because she got help from above.

[@ktp20101]

​@subrotoxing8214 exactly! She wasn't alone in this scam! Many many powerful people were in with her!

[@lemonhaze1506]

@@subrotoxing8214 If you think her network of shell companies and bank transactions emoluments is not sophisticated then idk what to tell you, it's complex financial engineering with a sprinkle of political relationships. Calling this scheme not sophisticated is like calling Enron child's play

[@lancecahill5486]

@@GorgieClarissaI read from other sources that she combined 3 small banks into one big bank, which she had control over 90% of it.

[@hviettan]

I live in Vietnam and I can confirm this. The more I research the laws for my job, the more of the risk violating it I feel. The laws are so vague that it only allows the tax official to interprete it the way they want and almost impossible to do the norm of my industry without violating the law in some ways. 5:11 "Everyone who does business in Vietnam has to try to evade the laws or violate the law in in some ways because the laws are vague and the laws are are meant to serve the officials and not to serve the business or the people so the laws made to serve the the officials the government so whenever the government want to use the law against you they can use it and so uh so it it's very uh it's almost impossible to do any business in Vietnam without violating the laws."

[@Tiaimo]

If you loan too much, it's bank problem. If you own that bank, it's government and official problem.

[@CaraMarie13]

So why is she the only one going six feet under for this? She might have been at the top but you dont keep that going for so long without a whole lot of people holding it up

[@u.synlig]

The guest explains tge "why" at 4:15: _leverage._ The government wabts to pressure her into handing over specific information. If she complies, her sentence may be commuted to a prison term.

[@lancecahill5486]

They want to silence her.,

[@appleish5043]

@@lancecahill5486lol, they didn’t silence her 😒 the trial is known to everyone, not like in China, no one knows when a trial is going on n what’s in it. And it’s true what the previous commentor said, the government is trying to get her to cough up the money lol: your life or money. Also there are about 80 other ppl are in trial for involving in this case

[@alanmorris1828]

She pissed SOMEONE off. 😪

[@Johnnyy832]

They know she’s hiding some of that money.

[@stevedolesch9241]

12 million I understand but 12.5 billion? I'm dumbfounded. Vietnam?

[@ngandang96]

Well u can imagine the 80% of ppl's savings in that bank in 10 years went to her shell companies

[@jonwick7635]

Thats nothing compared to endonesia

[@jeffcombs2950]

You should see the estimates on Putin.

[@MrDosonhai]

Socialist/Communist countries are all like that. All top-ranking officials are downright criminals.

[@Nguyenthu.artist]

actually it's 677000 billion VND = more than 27 billion USD, lots of money can't gain back

[@brianmack3665]

Upper middle class in Vietnam is $1,500 a month, this level of corruption can destabilize a nation.

[@phanhuyduc2395]

lol you need more than 1 million dollar in your bank account to be consider an Upper middle class in Vietnam at the moment

[@phucton3835]

@@phanhuyduc2395 1 million dollars makes you a millionaire, not middle class .

[@phanhuyduc2395]

@@phucton3835 yeah you got the problem. Because millionaire is only consider " upper middle class" in Vietnam lol. To be consiider rich in VN now you need to worth 50 million dollar

[@ThuNguyen-lw8lr]

The salary of the president of VN is 1,200 USD a month.

[@MrLekung]

​@ThuNguyen-lw8lr u sure where did u get this info from ? U know there get unlimited salary its corruption it range from $500.000 to million a month nlthey need to arrest all vietnam gov and put people of vietnam in charge

[@RealAnthonyJones]

She didn’t get caught. She getting sacrificed.

[@D0312-b4i]

She did it with help from the government, and now they turn their back on her. In Vietnam, they used jungle laws to justice citizens but not for government officials.

[@teoengchin]

To summarize what i read from her Wikipedia: She robbed the bank by owning it

[@Ck-vs8pc]

This make sense..

[@michaelandrews4783]

Sounds like every banker

[@Zoe-c9z]

Just imagine if you were related to someone like that?

[@JhonderJose07]

So she was taking out her money from her bank? 🤣

[@KhanhPham-ns1od]

She and her acquaintance together bought more than 90% of the bank's shares, so she almost owned it

[@ps-co3ip]

The reason why she is so calm is probably cos she knows she can bribe her way out of the death sentence. The commentator also said she has moved past multiple prior convictions as well.

[@yomismo6969]

She is calm because she has 12.5 billions reason to be spare.

[@Teffi_Club]

She didn't look calm to me. Fidgeting and constantly looking around.

[@ExVeritateLibertas]

Also the footage could be from a prior hearing and not the one where she was sentenced. Definitely I agree she doesn't look like she just got a death sentence.

[@Andyxxx2006]

The man they're interview wasn't even living in Vietnam and had no idea what is this case about.... He just doesn't like communism country and talking trash about the government.

[@happymunchkin2812]

I don’t think so. She’s calmed because she knows is the end of her life and nothing she can do about it.

[@AlexisLe-p3x]

She didn't pay the right person off

[@AngelGomez-kz9su]

she didn't share well in my opinion there are many others there

[@jenala3896]

she has pays them but they turn their back on final time

[@phanhuyduc2395]

She paid the right person. Unfortunately that person's faction recently defeated in the power struggle inside the Communist Party and she became the official Sacrificial lamb aftermath

[@greatveemon2]

That's is the first time I hear someone sentenced to death by fraud. I guess it's only Vietnam?

[@collenmaunganidze3531]

Why is she the only one getting the death penalty if she didn’t do it alone?

[@d_ling28]

​@@collenmaunganidze3531 she organised the whole thing and knows where all the money's at, a few of the members got life sentences tho mainly because of accepting bribes and corruption that allowed this to happen. Like the man said in the video they're giving her a harsh punishment so that she'll be more inclined to tell them where all the money is hidden

[@gosthist]

China. N. Corea , Cuba

[@tinnguyen4458]

@@collenmaunganidze3531 Isn't that enough for you that she is the leader of things?

[@bay-pay5057]

@@collenmaunganidze3531 What's wrong with your brain. She is leader. So She got highest punishment. The others is lower.

[@londontipton7780]

Wonderful interview without any interruptions. Great job ❤

[@ricknico2577]

NEVER ENOUGH..… no one is poorer then greedy people..

[@ayomideakinsiku7892]

Saved.

[@leprincegut9465]

Oh Yessss greedy is synonymous poorest 😂😂😂

[@TrinhNguyen-sh4fj]

I agree and there is no limit to greed for some people and now they pay the highest price with their lives.

[@wadehiggins1114]

Than

[@ricknico2577]

@@wadehiggins1114 thank you for correcting me🙏 English is my third language.

[@jondavis2206]

Imagine if corruption in the USA was treated like this.

[@pradeepasivakumar1682]

India too

[@jasonsmith1143]

99% criminals walk FREE in USA

[@ribos2762]

Treated like this? Killing the scapegoat?

[@RodhesYovietsczh]

Hilary Clinton should be in jail for long long long time ago

[@jeffdunnell6693]

Get your head out of the sand,our government is worse,who do you think they got to imitate their government

[@JJ2023.]

if this was going on for 10 years who is auditing the public sector accounts 😬 very sad for ordinary Vietnamese workers.

[@winstonsgmx]

It's not that they dont know, but the official shielding here was still in office. This case is a 10 years progression of jailing so many officials to get to her.

[@k.sullivan6303]

I hope the Vietnamese get this all straightened out. They have suffered so much as a country over the years. I think that a big part of getting this resolved is for the government to use total transparency as to what they are doing to fix the situation. The transparency method might lead to the best decisions being made for the country and it's people.

[@MichelleT-so4we]

Wouldn't it be KIND if the recovered money went for helping the poorest Vietnamese with food, clothing, and shelter? Education

[@tutyathiyam2198]

When the right people didn't get paid

[@hypothalapotamus5293]

"You can pay off all the right people some of the time and some of the right people all of the time, but not all of the right people all of the time." -Abraham Lincoln In this case, she paid of the right people for a while, but then they stopped being the right people.

[@shinji1264]

People die over 5$ in the ghetto, 12 billion dollars would exterminate more than just your family tree. Heck they'd probably get you in the after life too.

[@Jeprox_Gaming]

Here in Philippines like her will be honored as hero, corruption her is like superhero. People will still love you 😂😂😂

[@PlaySA]

Corruption is a way of life in Vietnam. Trust me, I worked there for two years and paid bribes of my own on occasion.

[@addanametocontinue]

There's an organization that does rankings on this corruption bribes and yes, Vietnam doesn't rank very good.

[@ucNhoc]

I'm a vietnamese and i confirm! though it's not that often anymore, middle-income business in here is actually in coherent paperworks and legal! The campaign worked i guess

[@logiclust]

business and corruption are the same until you piss someone off.

[@prettypuff1]

Honest facts

[@lancecahill5486]

More precisely, when you piss off the wrong people.

[@Wulfieman]

Both the professor and DW are making a huge mistake, those 12.5 billion dollars isn't 10% of Vietnam's GDP, but rather 3.47% of its GDP, seeing that Vietnam had a forecasted GDP of 433.37 billion dollars in 2023 according to the IMF. Don't get me wrong, 12.5 billion dollars is still A LOT of money, but it still is a far cry from being 10% of a countries total GDP.

[@oceanecastelnau9821]

Thank you for the clarification

[@zapfanzapfan]

So a US equivalent would be stealing a trillion, like the cost of the F-35...

[@budgetarms]

It's 17 times more than in the 1MDB scandal from Malaysia

[@mpn984]

I believe there were some sources that mention she managed to steal 44B over 11 years but they could only get her for 12.5B….so probably some clarification needed, but in that case that would make sense as to the 10% but the amount she was charged for would put it at 3%

[@zapfanzapfan]

The US equivalent would be a trillion. Like the budget for the F35...

[@katiehale4411]

Thank you. This is the first broadcast that explains the situation that I could understand.

[@mikeanderson7549]

You German

[@Tkenny35]

Bribery is actually a common business practice in Vietnam. Its equivalent to college recruits getting paid/bribed before the NIL was a thing. What this lady did in terms of bribes is not uncommon. She just got caught. Just like in College sports when a team gets caught and suspended no one is shocked because everyone does it

[@MicheleLLOYD-bk2mt]

Same as USA. It’s called lobbying. The will of the PEOPLE is ignored. Zero democracy in BOTH countries…..

[@ThienNguyen-wh1fz]

Pretty sure her kids living a comfortable luxury life in US with the stolen money.

[@lancecahill5486]

Somebody in Hollywood probably already bought the rights to this story, so it’s coming soon to a theater near you!

[@evernam993m8]

Ah yes, strong smart female villain 😂

[@thereporter3690]

Officials took bribes and they are not convicted too? It’s not corruption, it’s a failure of every financial system in the world! Greed strikes again!

[@SilverforceX]

80 others are convicted, there's more, they are trying to get her to squeal.

[@alexha-g5r]

many many officials are getting jailed, some even life sentences

[@abcdefkkk123aa]

4 quan chức bị án chung thân. Và 180 năm tù cho 76 người còn lại

[@bobjackson4720]

Why on earth does a person need 12.5 billion? How could you spend it?

[@thehumancanary131]

Couple of nights out with some toyboys....soon goes...😂

[@wavemaker2077]

She didn't pocket all those money. There are probably hundreds of them dividing the loot. She may not even be pocketing the biggest amount of money. She may just be a front of a senior political leader in Vietnam who is the real mastermind.

[@KC-hl3mh]

​@wavemaker2077 What about others who are not charged or brought to justice? She can't be solely responsible for this crime.

[@wavemaker2077]

@@KC-hl3mh That's the question. Why is she the only one charged? Surprisingly, the Vietnamese people are not complaining.

[@supai8725]

@@wavemaker2077Do you also believe the earth is flat?

[@JesusLovesYou9999]

In the West this woman would be considered a titan of finance .

[@rangoman1815]

Like Joe Biden

[@panzerkunsth]

in France she would be part of the gouv.

[@Watermeloncat237]

In india there was guy called Harshad Mehta he frauded millions of dollars from banks but he is called "the big bull of indian stock market"

[@panzerkunsth]

@@Watermeloncat237 Well in France, there was a french minister who sold a big France company who was strategically very important for the country civil Nuclear industry to an other country against France interests. Not so long ago he would be trial for high treason against the country which is why he is now our current "President" or provincial governor of Europe/USA.

[@JesusLovesYou9999]

@@panzerkunsth No doubt

[@riejon80]

There is an old saying that no one goes to prison because of debt...but this news, is surprising, because the sentence for financial crime is immediate death sentence.Unbelievably Ridiculous.

[@yalebai487]

This isnt a debt issue, this is fraud and bribery lol

[@Simplebeney7]

Stealing money from the people should cost this price. This is how all government should be doing things

[@limta74]

I wonder why she didn't do what Jho Low did, run away, hide, and live in luxury.

[@VanceHelw]

She was caught trying to flee the country, in disguise, to look like a low-middle class citizen.

[@kimhuong1583]

she tried but failed.

[@LittleMew133]

I think Vietnam has international laws pact with US, Canada, Australia, etc? So she gotta go somewhere real out of the way.

[@DanhNguyen-1905]

Once you have a lot of money, you always want to be the richest person in the country

[@josepanicucci8591]

​@@DanhNguyen-1905 She should have considered immigrating to the Philippines In the Philippines death penalty was abolished & no corrupt billionaires in PH jails

[@josepanicucci8591]

Unfortunately she's in Vietnam In the Philippines death penalty was abolished & no corrupt billionaires in PH jails

[@wavemaker2077]

Well, the billionaire tycoons didn't steal the government money. They have their own businesses. They can be accused of tax evasion but not stealing the government's money. This Vietnamese lady stole the money of the government.

[@saka6240]

@@wavemaker2077 also in Indonesia no detah penalty for corruptors, but only for significant drug dealers

[@josepanicucci8591]

@@wavemaker2077 Well, no corrupt billionaire politicians in PH ? No stealing of the governments money in PH ?

[@josepanicucci8591]

@@wavemaker2077 So no rich billionaire politicians in PH who stole gov. money? Amazing !!!

[@wavemaker2077]

@@josepanicucci8591 You said tycoons. Can you name the tycoons in the Philippines?

[@headoverheels88]

3% is *wild*. To put into context, the US's military budget is ~3.5% of our GDP. 😭

[@lancecahill5486]

The level of corruption in our government is probably comparable.

[@MusicalMemeology]

The debt payments on government debt is already more than the military budget.

[@schloops8473]

@@MusicalMemeology yah but the money goes to people born rich so the dem and repub party are fine with that

[@thunkjunk]

Where is the context between Vietnam's economy and the USA's economy?

[@alfonsocantu9992]

It's the people in the government that didn't get paid off that wanting Truong My Lan Death but they will turn Vietnam into another Cuba,cause they are so smart and righteous...yours very truly Alfonso Cantu USMC

[@HelloKitty-pn1qs]

Janet Napoles of the Phils. The difference is she is out in the open and no govt official was persecuted nor charged

[@StorySenseChannel]

In our country she would have become our PM or President in the Parliament

[@striker44]

Srilanka rajapaksha.

[@kevinreily2529]

Sad, but true.

[@matthewraven8859]

Since 1971, $50 trillion moved from the 99% to the 1% in the USA.

[@nathanspreitzer6738]

Closer to 3% of GDP but yeah it’s a lot of money

[@bullyear1973]

After stealing just $1billions dollars, I'd disappear from the country forever!

[@PterodactylusmusRex]

I like to think I would too, but it is possible that the more ya get, the more ya want. Looking at Musk Bezos Zuckerburg Ellison. Etc. Etc. Never enough apparently.

[@mrbeanbigpeanus6875]

She was backed up by the Vietnam southern communist government but now Vietnam is being divided again due to North Vietnam communist regime worry that Southern are being stronger than them in economy, and having too much control and power. So there are power struggling within Vietnam to get rid of each other’s now.

[@Lombardi54]

Mrbeanbigpeanus6875 It is an honor to know of your name LOL. Thanks for sharing this unique perspective as I have never heard of this before.

[@cem96]

This is what happens if the state is controlled by one party

[@MrJohannespham]

exactly!

[@filonin2]

Embezzlement? That doesn't relate to or require that at all.

[@musicful7036]

You would wish your country have this kind of law. Great example to follow for greedy billionaire while regular people suffering for their lost of life savings. Look at America, too many crooks, thieves, real criminals who are politicians, some are even sitting in the government office. Vietnam is not the best, but corruption in America is a lot worst if you really do your research and is so divided, politicians lie through their teeth, ask every American citizen if they believe words coming out from their politicians. LOL!

[@u.synlig]

@@musicful7036 Do the "regular people" get their money back?

[@verumverba5711]

Yup, if it were controlled by multiparty then that would be 10-100X more than she had committed 😂

[@PtolemyJones]

Given the fact that she has been tried and is being punished, I kind of assume she didn't do it, seeing the really guilty oligarchs get punished seems so impossible in today's world.

[@velvetmagnetta3074]

I suspect she did do it, however, why now? Why is she being prosecuted now, assuming she and many, many others have been doing this for years? Sometimes, a new corrupt official will charge the old corrupt officials to send a message there's a new Mafia boss in town.

[@MrDosonhai]

@@velvetmagnetta3074 Factions within the Communist party are power struggling.

[@chechnya]

​@@velvetmagnetta3074 Because Vietnam is going through changes, one of those changes is reducing/removing corruption. $12 billion is unforgivable

[@hadror13]

I'm betting she was set up and is a scapegoat for more powerful men

[@LamTChung]

You are very intelligent to see through it.

[@minaryeon9259]

She probably didn't pay enough to the big guys. There is always corruptions, but greed is endless. They most likely wanted to take everything from her easier. They let her grow the wealth illegally then take everything at once.

[@DanhNguyen-1905]

right

[@Kashyap_Trivedi2]

​@@DanhNguyen-1905 She is almost 70. She's lived a long, full life with her money, health and good looks, even had a daughter. Looks like she will be spared old age related illness and disability.

[@deimos78]

She doesn’t look too worried over the death sentence. With her money she will probably overturn the conviction.

[@zatoichison6420]

The love for money is the root of all evil , no matter what language or country that person is.

[@anniehuynh362]

Love this statement from the Bible. Thanks for repeating it.

[@havenht]

not money, but greed is the root. if you go even deeper, it may just be mental illness is the root.

[@TrinhNguyen-sh4fj]

@@havenhtYup it is the greed for the money.

[@aiinvestor3737]

With that much money stolen she could have done a much better facial reconstruction.

[@lancecahill5486]

Unfortunately, plastic surgery has a limit.

[@JackLuong]

being 68 she looks pretty good for her age

[@josepanicucci8591]

​@@lancecahill5486 Plastic surgery doctors will not tell us that there are anti ageing creams & supplements that can reduce wrinkles

[@josepanicucci8591]

​@@lancecahill5486 Plastic surgery doctors will not tell us that there are anti ageing creams & supplements that reduce wrinkles

[@Adolfo_Padilla]

That thing will never happen in the Philippines u can steal money by the billions or trillions and you'll never be sentenced with death penalty bcoz the Philippines has no death penalty law

[@lancecahill5486]

In the meantime, the Big Guy enjoys his 10% without any problems.

[@kaliforniaman]

OBIDEN?!?…is that you 😂🤣

[@ruthmaloney4378]

Can confirm. I have a business in Vietnam. It is close to impossible to not break the law. The tax system is a nightmare!!

[@lancesay]

at 5:19... the laws are vague to serve the official, not the business or the people.

[@_rob_.]

Thanks Professor.

[@myself3209]

Her biggest crime are those eyebrows

[@ladylotus3046]

😅😅😅😅❤❤

[@samuelrebecca9915]

What has that go to do with her case 😂

[@AliGates-t6k]

😂

[@DIYBill]

😂

[@hkraytai]

They are tattoos. Natural eyebrows mostly plucked.

[@Saigon1969]

Her husband is from China that where all the money went to.

[@Bravevanguard]

I can’t believe this guy is a scientist/ professor from a university

[@gocnhinvutru]

Agree 😢

[@havenht]

the stuffs he said is not wrong. his communicating skill is a joke tho

[@antvn222]

SHE IS NOT ALONE, people in powerful positions allowed her to do this.

[@abcdefkkk123aa]

Bị bắt 4 án chung thân và 180 năm tù cho 76 người khác. Hãy tìm hiểu đừng suy đoán tào lao

[@nguyenn99527]

that’s why the president resigned because bribery was a problem

[@isthisme-ct9fe]

The whole system was rigged, she didn’t do this alone , the whole team behind her

[@Teh-Penguin]

I like this interviewer. He seems to be always so curious and attentive.

[@mikeg02]

It's one thing for a politician to steal taxpayers' money, they all do it. It's another for a businessman/woman to steal money from regular account holders from three banks.

[@Juventinos]

Can you imagine you get a face lift.. and one week later you're in jail?

[@aaronnava2985]

Ever notice how its old people now a days who are stealing

[@Kashyap_Trivedi2]

Sorry i don't understand eloborate please?

[@NTNT.06]

This is Vietnam, it's always different. Goodness always wins over evil and in Vietnam morality is more important than money! Advise criminals not to touch Vietnam

[@jessorin2145]

Have to laugh😂

[@quangle-zf1hf]

Are you living here , Viêt Nam 😆😆😆

[@quangle-zf1hf]

Live at VietNam and learn about the truth

[@NTNT.06]

I am Vietnamese, I am very sure of what I say and know it very well! If you want to say bad things, that's your problem!

[@NTNT.06]

​@@jessorin2145Just laugh freely

[@jeff5534]

“How do you steal 10% of a country’s GDP and nobody noticed?” 😂

[@DuyPham-xd8lp]

Have you heard of bernard maddoff? Lol Plenty of ways to steal from the common man

[@kaliforniaman]

Because they were all in on it…inside job and now blaming her to set by example 😮

[@acenda-r2d2]

Lots of people noticed, it's just that they were paid to 'not notice'

[@amoretpax199]

They notice but it's just North communist faction vs. South communist faction at this point...

[@LittleMew133]

@@amoretpax199 Been like that for a whiiillleeee. Any new updates on their in-flighting?

[@iq-ride9329]

Send all billionaires to Vietnam

[@samuelrebecca9915]

And corrupt politicians 😂

[@iq-ride9329]

@@samuelrebecca9915 Them too!

[@lennyhardi3760]

Agree!

[@erickariuki6842]

And their companies? Do they go too?

[@wavemaker2077]

You forgot that her sentence will be commuted later on. She will not be in jail for long.

[@lutando4092]

There they don't like competitions. Here in US we gave only 5 years.

[@dawnp1569]

Welp here's my take on this. She should have did a Robin Hood. Build schools, feed the poor drove an average car and home help the elderly, build parks, etc. She could have humanity her way out of it. There you go.

[@ClubmanKarvin]

She had been used the bank as a Ponzi tool. The Money didn’t pass to her pocket but also to the earlier loaners.

[@1084kmp]

The woman is a legend. She just made use of the existing system to her benefit. Its not her fault that the system has always been corrupt in Vietnam.

[@DonaldClause]

bro my mom lost 500 million Vietnamese Đồng because of her

[@Wichita0]

Congratulating her is insane. Yeah congratuations for being such a thief.

[@JoeyBlogs007]

As the professor alluded to, virtually the whole system is corrupt and the laws are vague, so it's near impossible to do business in Vietnam without breaking the law.

[@outdoor75]

This is correct having run a business there for several years I can attest to how vague the laws and regulations were. One year always before TET (Vietnamese new year), officials come round the businesses in all districts (we were in Q7 HCMC) and they look for things to fine you on. You can either pay the fine or pay the bribe. The bribe is always cheaper than the fine so obviously you pay the bribe, which once done will happen every year. Unless throughout the year you are giving gifts to the officials, then you won't have such problems before TET. One year we got fined for having English signs on our entry door placed above the Vietnamese signage. We were told all Vietnamese signs need to be above any signs of another language. It was a new one to us after not being told this for 5 years of our signs being like this. Similar with ever changing import duties based on what the customs feel like on the day. Hence I no longer run a business there and won't be anytime soon.

[@letrang1383]

Yes, it’s right as what you said,

[@AllentheBeloved]

Amateur hour ... Since 1971, $50 trillion moved from the 99% to the 1% in the USA.

[@TienNguyen-ym5db]

The total amount of fraud amounted to 44 billion USD, equal to the total GDP of neighboring countries Laos and Cambodia combined. (2023) and about 10% of Vietnam's GDP (Vietnam's GDP in 2023 is 440 billion USD)

[@nguyenn99527]

I don’t think anyone asked and please don’t compare your country’s GDP to other countries because it’s childish

[@NimChimpsky69]

And nowhere in the video does it actually say "what she did with 12.5B dollars". Come on DW. Are you creating click-bait headline now? Very disappointed in you.

[@tandoan3799]

Truong My Lan was a pirate king but was executed and before being executed, someone asked where she hid the 637 billion, Truong My Lan replied: I hid it all at sea, who has the blood for adventure? If you have the courage, go to the sea and find me and leave everything there. From then on, the pirate era officially began

[@tiendatdohoang1216]

It’s just a funny story from Vietnamese content creators, you cannot find out the original video which showed Truong My Lan said so. Let recheck

[@leahstewart1007]

Did ALL THE OTHERS get the death sentence as well!? 🤔 Or is it just the Money Holder? 👽

[@notme943]

High doubt it. Also she is probably responsible for channelling the money, but money surely go around. In vietnam it's understood that you don't get high positions by being clean.

[@jackbleiham8475]

​@notme943 you are probably right, but......where in the world get someone in to high government positions by remaining clean?

[@velvetmagnetta3074]

​@@jackbleiham8475 - Europe, the United States, Australia, etc.

[@nephilesi]

There were like 82 other defendants, and their sentences range from three years in prison to multiple life sentences

[@jackbleiham8475]

@@velvetmagnetta3074 sure

[@studburna]

I studied Urban Planning in VGU and we always talked about the real estate bubble in VN that is about to explode; now we see the cause...

[@topwonder3909]

I'm from Vietnam, she cheated a huge amount of money, more than 600 trillion Vietnamese dong equivalent to 44 billion dollars, and was eventually sentenced to death, 3 life sentences, and many other convictions....she has a lot of buildings in Vietnam, between several buildings up to several billion dollars and a series of other real estate, she is Vietnamese but originally from Chinese

[@LokendraAnnamunthodo]

I just hope the justice department of the USA will take notice and act quickly and decisively in dealing with Crump and his cohorts. Not the death sentence, but a lengthy prison term.

[@Laura75052]

Well explained!!!!

[@user89900-f]

Yes

[@jhonaraujolopez]

“ It is almost imposible to do bussiness in Vietnam without violating the law “

[@MV-nt4bq]

She could’ve took 2 billion or 3 and gotten away with it but stole over 40 billion dollars is just insanely over the top greedy. Can’t feel sorry for her.

[@jeffmariahreacts7998]

Facts

[@kaliforniaman]

Correction…it was 12.5 billion 💰

[@Veronica.A.]

$1 million makes your life comfortable in the US, $1 billion super duper comfortable. But $12.5 billions?!!!!😮

[@elenitran3814]

She received the death penalty but she doesn’t have the look of fear because it won’t happens after the dust settles. Her husband got a few years in prison, what a joke.

[@matrimcauthon9804]

Most 3rd world countries have it this bad. It's great Vietnam are doing something about it this time, but as Chung Vu said, the laws are meant to serve those in power, not the people. Are the laws going to be changed or are other officials just going to fill that void she's left behind?

[@bobjack2381]

She almost flee the country with $$12.5 billions to the US to see her boss, but she got caught dam it.

[@TinNongTheGioi-ex9es]

she try escape but the god know then report to vietnam government..

[@quanghuytrinhquanghuy6519]

Someone left successfully with huge amount of money. That's a big loss for my country

[@erikthomsen4768]

Not everything revolves around the US. They are not the source of all evil in the universe.

[@jbi1839]

Why these news not shown in us media news?

[@ClowderBeatsAnimals]

1:48 Unnoticed? Ofc those in position would have known what's happening.

[@tT-id9bd]

I think both the interviewer and the interviewee have never or at least not in the past 20 years visited Vietnam. What they know about Vietnam is mainly through the internet 😊. As someone living in Vietnam, we fully support the court's decision to prosecute this offender. It is necessary to uphold the law.