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.

  • Swordgeek@lemmy.caEnglish
    37·
    18 hours ago

    I don’t support the death penalty, but I won’t be terribly sad if a criminal billionaire gets executed by their own government.

    • Cornelius_Wangenheim@lemmy.worldEnglish
      20·
      18 hours ago

      I fully support it for the rich and powerful just because prisons can’t reliably hold them. If they’re not put in the ground, they’ll worm their way out of consequences eventually.

      • MaxxieEnglish
        8·
        15 hours ago

        Can I ask what’s the cutoff? How much money/how high of a position qualifies you for the electric chair?

        • Meursault@lemmy.worldEnglish
          1·
          4 hours ago

          I’d say if you can comfortably afford to live your life without ever once checking a bank balance.

          • MaxxieEnglish
            9·
            11 hours ago

            I’m not worried lol I’m poor. I’d like a number cause if you’re for death penalty, you should’ve thought long and hard through all the details.

            Cause you know. It’s about killing people.

            • Saleh@feddit.orgEnglish
              2·
              6 hours ago

              0.01-0.1 % net wealth to the nations GDP seems a good cutoff imo. For the US that would be 2.9-29 billion. For Vietnam that would be 47 million - 470 million.