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.

  • @[email protected]
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    2420 hours ago

    These god-damn violent tankies. Vietnam should have just fined her a much smaller amount than the corrupt practices made them, like how the West handles corrupt oligarchs.

    • @[email protected]
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      2420 hours ago

      Seriously. If she was born in the West, she’d be on the cover of Forbes and taking photos next to celebs.

      • @NotAnotherLemmyUser
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        411 hours ago

        No… A closer comparison shows that she would be like Sam Bankman-Fried with a 25 year sentence and ordered to repay $11 billion. Although she probably would end up on a cover of Forbes.

          • @[email protected]
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            68 hours ago

            “You didn’t just steal from people, you had to go and steal from people who had a lot of money and THAT crosses a LINE!”

            –American justice system