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.

  • Dasus@lemmy.worldEnglish
    52·
    19 hours ago

    Well fuck billionaires but papers can and trials can be wrong.

    Like who’s to say she wasn’t a patsy?

    I’m not saying she was, but how would you prove beyond any doubt that she wasn’t?

    Probably this case is an open-and-shut case but my point is valid, I think.