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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