Lan, a high-profile businesswoman who chaired a sprawling company that developed luxury apartments, hotels, offices, and shopping malls, was formally charged with fraud amounting to $12.5 billion—nearly 3 percent of the country's 2022 gross domestic product (GDP). More than 80 others, including central bank officials, have been implicated in the case, which was first filed in 2022 and has prompted a crackdown on corruption.
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Natasha Teja
Natasha Teja is a Singapore-based correspondent for Law.com International. She writes about legal and regulatory issues across Asia. Her coverage includes the business of law at international and regional law firms and in-house legal departments, major litigation and arbitration, and the impact of regulatory decisions on law firms and global companies. She can be reached at [email protected].
