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.

  • The_Terrible_Humbaba@slrpnk.netEnglish
    11·
    8 days ago

    But I also don’t think the law should protect people with some amount of wealth.

    Well, what’s “some amount of wealth”? We all have some amount of it. At what point is it okay to take someone’s life because of it? I don’t think that’s very different from saying “I think we should use capital punishment on murderers”. One of the reasons I oppose capital punishment is also because government convict innocent people; but another is that I think people can be rehabilitated, and I believe that both for murderers and people with wealth.

    • theherk@lemmy.worldEnglish
      1·
      8 days ago

      I say the wealth bit with tongue in cheek, but I mean as some function of wealth distribution or gdp. There is some amount of wealth that is too much and really hurts society to be hoarded. I agree with you though and share your views on the points you made.