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.

  • Wogi@lemmy.worldEnglish
    16·
    18 hours ago

    Nonsense. I oppose the death penalty for almost all crimes. It’s just too easy to render an inaccurate verdict, and you can’t undo an execution.

    But we don’t have any doubt about billionaires. They’re verifiably guilty beyond any shadow of a doubt.

    I also think they should be able to avoid the death penalty by giving up their wealth and living on minimum wage for a number of years equal to the number of billions they captured and withheld from society.