this post was submitted on 03 Dec 2024
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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.

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[–] nondescripthandle@lemmy.dbzer0.com 196 points 2 weeks ago (4 children)

All we gotta do is sentence a handful of billionaires to death and watch the behaviour change when they realize they're not insulated from consequence anymore.

[–] Hugin@lemmy.world 42 points 2 weeks ago (1 children)

Yeah but what they are going to do is make sure they get those protections back. They aren't going to get better.

[–] nondescripthandle@lemmy.dbzer0.com 34 points 2 weeks ago (1 children)

Then sentence more of them as necessary. Im all for sweeping changes but we're not getting them. Convincing America to kill someone seems way more likely to me.

[–] crank0271@lemmy.world 24 points 2 weeks ago (1 children)

You didn't hear it from me, but I heard that billionaire skipped the fare on the subway...

[–] AngryCommieKender@lemmy.world 14 points 2 weeks ago* (last edited 2 weeks ago)

Shit, that's peanuts. Every single billionaire worldwide wakes up every single day, and actively chooses to murder people. I'm not being hyperbolic.

[–] NewNewAccount@lemmy.world 25 points 2 weeks ago (5 children)

Imagine all the outrage from red state conservatives if we attempted this.

[–] SomethingBurger@jlai.lu 35 points 2 weeks ago

Or from blue state liberals because "we're better than them" or some shit.

[–] brbposting@sh.itjust.works 9 points 2 weeks ago (1 children)

It’s not like any of us want life to be made so difficult when we’re billionaires either

[–] NewNewAccount@lemmy.world 4 points 2 weeks ago

Good point, good point.

[–] mp3@lemmy.ca 4 points 2 weeks ago

I'm okay with the outrage.

[–] ayyy@sh.itjust.works 3 points 2 weeks ago

Oh who cares, they get outraged when a day ends in y.

There wouldn't be any outrage outside of 100s of the wealthy donors. Liberals would completely be more outraged because of norms and civility. The entire point of "drain the swamp" was that most people hate oligarchs, the point of Republicans is to redirect this off into racist and unproductive channels, where nothing ever comes of this hate for corporate and wealthy overlords.

[–] Kecessa@sh.itjust.works 19 points 2 weeks ago (1 children)

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.

[–] explodicle@sh.itjust.works 1 points 2 weeks ago

2008 turned me from a lib into an anarchist. I've completely lost faith in their facade over oligarchy.

[–] technocrit@lemmy.dbzer0.com 2 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

In most, if not all, of the world billionaires can just murder whomever they can't buy.

[–] AngryCommieKender@lemmy.world 3 points 2 weeks ago

Clearly not Vietnam