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.
She’s a real estate profiteering billionaire who conned regular people out of their savings. I say let her pay 100% back and then fetch the guillotine.
I like this direction. Let’s do the rest of the billionaires.
That just sounds like every landlord I’ve lived under. I agree.
Nah, gotta go higher than what they stole. 300% should be minimum.
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