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.

  • Maxxie@lemmy.blahaj.zoneEnglish
    8·
    22 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·
      11 hours ago

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

    • ayyyEnglish
      82·
      19 hours ago

      Higher than you’ll ever have to worry about.

      • Maxxie@lemmy.blahaj.zoneEnglish
        10·
        18 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
          6·
          13 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.