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.

  • NotAnotherLemmyUser@lemmy.worldEnglish
    2·
    24 hours ago

    I think it’s a valid question. I wouldn’t say that the only reason for abolishing the death penalty is because we might make a mistake… that definitely factors into it, but there’s more to it.

    Ask yourself what purpose does it serve to put someone to death? They’re already in jail/prison and no longer a threat to society. Deterrence? Is the death penalty any more of a deterrence than a life sentence?

    The only purpose I can think of for the death penalty is that it’s for “Revenge”. It doesn’t actually fix anything in of itself. It doesn’t resolve disputes, it doesn’t really solve anything.