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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[–] [email protected] 9 points 2 weeks ago (1 children)

My personal take on the death penalty is a bit more nuanced than most people’s, in that I support it for desk-perpetrators who commit crimes against international humanitarian law (crimes against humanity, starting a war of aggression, …) or dismantle/overthrow democracies. Desk perpetrator here means that the person cannot just participate in physical action but has to be a decision maker using institutional power. This should ideally be handed out by the ICC and no other court.

If I use this model, it tells me that the death penalty here is not justified: I’m not convinced that the bank she led had enough power to qualify as giving her sufficient institutional power to qualify and even if it did, theft and bribery are not crimes against humanity.

But yeah, I’m not going to cry if they go through with it anyways.

[–] [email protected] 10 points 2 weeks ago (1 children)

This should ideally be handed out by the ICC and no other court.

The main problem with any type of capital punishment is that it relies on an unbiased court system with reaching powers. The ICC has a pretty well established history of really only being able to prosecute criminals from impoverished nations.

If the ICC did execute war criminals, it would be an "international" court that almost exclusively executed people of color.

[–] [email protected] 4 points 2 weeks ago (7 children)

Obviously I believe that the rome statute needs to be signifiantly extended and the ICC should for starters receive flat out universal jurisdiction: A big reason for why so few western people have been charged at it (though: Netanjahu and Puttler are now on the list!) is that a lot of the stuff that could be charged at it happened between nations that were not members of the ICC, meaning that it lacked jurisdiction. Now obviously all the responsible government-members of the “coalition of the willing” should be charged for the crime of aggression, and it is extremely disappointing that they aren’t, but since then the fact of the matter is that most of the rich states that are members have reasonably functional criminal justice systems and largely refrained from severe enough crimes that they would fall under ICC-jurisdiction.

Also: Even today you can also turn it around and say that it first and foremost gives justice to victims of color. Which is arguably much more important than the skin-color distribution of the genocidal trash that the convict! On that note, it bears mentioning that there is no right to get away with crimes just because others do!

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[–] [email protected] 25 points 2 weeks ago (2 children)

I'm fundamentally against capital punishment. This could be an acceptable exception though.

Eat the rich!

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[–] [email protected] 29 points 2 weeks ago

I'm against the death penalty. I have many objections to it. though if the person at hand is a billionaire all but one of my objections disappear.

the one remaining is that I'd rather not have the government have the power to kill its citizens. so I'm willing to accept life sentences and forfeiture of all assets instead. mind that the crime I'm talking about here is being a billionaire.

[–] [email protected] 25 points 2 weeks ago (3 children)

These god-damn violent tankies. Vietnam should have just fined her a much smaller amount than the corrupt practices made them, like how the West handles corrupt oligarchs.

[–] [email protected] -1 points 2 weeks ago (1 children)
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[–] [email protected] 25 points 2 weeks ago (1 children)

Seriously. If she was born in the West, she'd be on the cover of Forbes and taking photos next to celebs.

[–] [email protected] 2 points 2 weeks ago (1 children)

No... A closer comparison shows that she would be like Sam Bankman-Fried with a 25 year sentence and ordered to repay $11 billion. Although she probably would end up on a cover of Forbes.

[–] [email protected] 13 points 2 weeks ago (1 children)

Bankman Fried didnt steal just from the people. He stole from other billionaires.

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[–] [email protected] 18 points 2 weeks ago

Ban wealth hoarding.

[–] [email protected] 3 points 2 weeks ago (1 children)

Mamma, what did you bring me to save me from the gallows pole?

[–] [email protected] 0 points 2 weeks ago (1 children)
[–] [email protected] 1 points 2 weeks ago

Lead Belly and likely someone before him too

[–] [email protected] 4 points 2 weeks ago (1 children)

I dont get it. If you kill them you get the money anyway, right?

[–] [email protected] 12 points 2 weeks ago (1 children)

If it's hidden or off-shore, probably not.

[–] [email protected] 1 points 2 weeks ago

Ah, good point.

[–] [email protected] 14 points 2 weeks ago

Gonna need a really good "Go Fund Me"

[–] [email protected] -1 points 3 weeks ago
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