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.

  • HopesBeyondTheSky@lemmy.worldEnglish
    10·
    20 hours ago

    She still deserves to be in jail. $12 billion is no small amount, and if she can pay back that $9 billion, or even if she can pay back the entire amount, she still had committed a serious crime and deserves to go to jail.

    And don’t even think about her keeping that $3 billion. That’s illegal money that she still needs to pay back.

      • Mouselemming@sh.itjust.worksEnglish
        3·
        1 day ago

        Perhaps it’s a realization that under the circumstances of a forced sale, she couldn’t possibly repay the total. In which case, with death inevitable, could she leave it to a loved one instead? Probably it could be seized but there’d be a legal tangle which repayment would avoid? Just speculation.