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.

  • Hugin@lemmy.worldEnglish
    36·
    1 day ago

    Yeah but what they are going to do is make sure they get those protections back. They aren’t going to get better.

    • nondescripthandle@lemmy.dbzer0.comEnglish
      32·
      1 day ago

      Then sentence more of them as necessary. Im all for sweeping changes but we’re not getting them. Convincing America to kill someone seems way more likely to me.

      • crank0271@lemmy.worldEnglish
        24·
        1 day ago

        You didn’t hear it from me, but I heard that billionaire skipped the fare on the subway…

        • AngryCommieKender@lemmy.worldEnglish
          15·
          1 day ago

          Shit, that’s peanuts. Every single billionaire worldwide wakes up every single day, and actively chooses to murder people. I’m not being hyperbolic.