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.

  • Maxxie@lemmy.blahaj.zone
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    9 days 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.org
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      8 days 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.