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.
Hold them accountable for all the preventable deaths resulting from them screwing around with the economy. 2008 would have seen a ton of them going to prison for the rest of their life.
2008 turned me from a lib into an anarchist. I’ve completely lost faith in their facade over oligarchy.