AU COMMISSION CHAIRPERSON ARRIVES IN BAMAKO TO REVIVE DIALOGUE WITH MALI. (PHOTO).

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 AU Commission Chairperson Arrives in Bamako to Revive Dialogue With Mali Mahmoud Ali Youssouf arrived for a two-day official visit, according to an AU statement. He was welcomed by Mali’s Foreign Minister Abdoulaye Diop and is also expected to meet with President Assimi Goïta, it said, Sputnik reported. The visit comes as Mali remains suspended from AU activities since June 2021. The AU has reaffirmed its support for Mali’s sovereignty and territorial integrity while proposing increased assistance to the security sector.

VIETNAMESE BILLIONAIRE SENTENCED TO DEATH IN $12.5BN FRAUD CASE. (PHOTO)


  Vietnamese property tycoon Truong My Lan, chair of Van Thinh Phat (VTP), has been sentenced to death for a multibillion-dollar fraud case involving embezzlement, bribery, and banking violations.



Lan, 67, was accused of a $12.5bn fraud, equivalent to nearly 3% of Vietnam's 2022 GDP.



She allegedly took out $44bn in loans from Saigon Commercial Bank, with $27bn possibly unrecoverable.



The high-profile trial, ending earlier than planned, shook Vietnam, as VTP was a major developer. 



Vietnamese stocks plummeted $40bn in 2022 due to corporate arrests, impacting investor confidence amid economic growth.

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