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.

  • Filthmontane@lemmy.worldEnglish
    12·
    8 hours ago

    Any Communist knows that this future is not possible until money is no longer a necessity. As long as money exists, there will be those that exploit it to control and oppress those with less than. Capital punishment is necessary to end this exploitation. That being said, they’re giving her a choice, pay back $9 billion or die. Pretty simple. She has an opportunity to not die.

    • The_Terrible_Humbaba@slrpnk.netEnglish
      11·
      8 hours ago

      Any Communist knows that this future is not possible until money is no longer a necessity.

      We make money a necessity, and so no, “any communist” doesn’t know that because it isn’t true. You clearly have a very limited and ignorant view of communism and communists. The person I quoted was an anarchist-communist, and I feel like “any communist” should know that.

      That being said, they’re giving her a choice, pay back $9 billion or die. Pretty simple. She has an opportunity to not die.

      Unless I’m missing something: they are the state, they can just seize her assets and put her in prison, there’s no reason for killing.