The 68-year-old was found guilty of laundering US$ 17. 7 billion and illegal cross-border prostitution of US$ 4. 5 billion.
She was also found guilty of friendship fraud to the rhythm of US$ 1. 2 billion.
During the charm, lawyers called for a lowered sentence for Lan, citing her repayment of one third of the wealth she defrauded from hundreds of bond buyers.
In October, the prosecutor had determined that Lan was” the architect, committed the crime with sophisticated techniques, several times, causing especially severe effects”.
Another 33 accused were likewise sentenced during Lan’s October test and were given prison terms ranging from two to 23 years. State media said 27 of them were appealing their words.
During her first test in April 2024, Lan was found guilty of embezzling US$ 12. 5 billion but prosecutors said the damage caused by the hoax totalled US$ 27 billion – equal to approximately 6 per share of the region’s 2023 GDP.
Lan owned only 5 per share of stock in SCB on paper but the jury concluded that she successfully controlled more than 90 per cent through family, friends and employees.
Tens of thousands of people who had invested their savings in the banks lost income, prompting unusual demonstrations in the socialist state.