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.

  • prole@lemmy.blahaj.zone
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    18 days ago

    you can’t limit that power. Once granted, even on what might appear to be a limited basis, and it’s never limited for long, cannot be revoked.

    Simply untrue.

    • bluewing@lemm.ee
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      17 days ago

      Show me examples. And show that such examples haven’t degraded over time.