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.net
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    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.