Vietnamese real estate tycoon Truong My Lan is selling off personal assets, including Hermès bags, luxury vehicles, and properties, while incarcerated. This liquidation is a court-ordered effort to begin repaying a staggering $27 billion debt linked to Vietnam’s largest financial scandal. Lan was convicted of fraud and sentenced to death in connection with the collapse of Saigon Commercial Joint Stock Bank (SCB). The assets are being sold to satisfy claims from creditors impacted by the bank’s downfall. Authorities believe Lan orchestrated a complex scheme to illegally control SCB and misappropriated funds through shell companies. The sale represents a significant, though likely insufficient, step towards recovering the massive losses incurred in the case, which has shaken Vietnam’s financial system. The ongoing process highlights the scale of the fraud and the government’s determination to pursue restitution.