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
    42·
    24 days 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
      351·
      24 days 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·
        24 days ago

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

        • AngryCommieKender@lemmy.worldEnglish
          162·
          24 days 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.