Truong My Lan’s death sentence could reportedly be commuted to life in prison if she repays three-quarters of the $12 billion she was convicted of embezzling.

Summary

Vietnam’s High People’s Court upheld the death sentence for real estate tycoon Truong My Lan, convicted of embezzlement and bribery in a record $12 billion fraud case.

Lan can avoid execution by returning $9 billion (three-quarters of the stolen funds), potentially reducing her sentence to life imprisonment.

Her crimes caused widespread economic harm, including a bank run and $24 billion in government intervention to stabilize the financial system.

Lan has admitted guilt but prosecutors deemed her actions unprecedentedly damaging. She retains limited legal recourse through retrial procedures.

  • Saleh@feddit.orgEnglish
    81·
    17 days ago

    I used to be against the death penalty. Problem is that obscenely rich and well connected people can just hire assassins to execute people they don’t like with impunity. Case in point the Boeing engineer that supposedly committed suicide briefly before his hearing on Boeings deliberate security violations leading to hundreds of people slaughtered in preventable plane accidents.

    Executing the rich and powerful is necessary to level the playing field.