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.
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.
Any fans of George Carlin here? Remember his bit about the death penalty saying that he would rather have it be done not to poor violent criminals like gangsters and common idiotic murderers, but would rather have it done to the people who really and truly fear death... like major league white collar criminals.
Gang members live violent lives and often don't have optimistic views for the future, so they know that any day might be their last. A wealthy ass failson of super millionaires who prides himself on fucking over thousands of people every day and is almost pleased to see lawsuits coming in for stolen wages and sexual harassment, however, is confident that they will die free and wealthy and probably have some active organizations named after them.
So the death penalty for them, especially when are forced to spend their time awaiting it in some cold, damp and dirty cell with prison guards who were born in poverty and treat them no differently than some poor drug-addicted shoplifter, is a terrifying concept. Also what needs to happen is that ALL their assets are confiscated. I mean ALL of them. No loopholes for transferring that shit overseas or 'technically it's in my wife's/Son's name' bullshit. They get nothing. Their family gets nothing and will be, at best, a middle class family with middle class prospects going forward (no more failsons from that lineage).
This would be the best punishment for any billionaire. They die, get buried in a potter's field or prison graveyard like common thugs, and their legacies smashed.
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.
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.
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.
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.
I'm against the death penalty, but/except/unless...
Well, then you're not against it, are you? People who are pro death penalty also have their limits from which point forward they believe death penalty to be justifiable. If you have an exception, you are pro-death penalty.
And to all the "revolutionaries" in these comments:
There is no greater fallacy than the belief that aims and purposes are one thing, while methods and tactics are another. (...) All human experience teaches that methods and means cannot be separated from the ultimate aim. The means employed become, through individual habit and social practice, part and parcel of the final purpose; they influence it, modify it, and presently the aims and means become identical. (...) Psychologically and socially the means necessarily influence and alter the aims. (...)
No revolution can ever succeed as a factor of liberation unless the MEANS used to further it be identical in spirit and tendency with the PURPOSES to be achieved. (...) It is the herald of NEW VALUES, ushering in a transformation of the basic relations of man to man, and of man to society. It is not a mere reformer, patching up some social evils; not a mere changer of forms and institutions; not only a re-distributor of social well-being. It is all that, yet more, much more. (...)
To-day is the parent of to-morrow. The present casts its shadow far into the future. That is the law of life, individual and social. Revolution that divests itself of ethical values thereby lays the foundation of injustice, deceit, and oppression for the future society. The means used to prepare the future become its cornerstone.
If you are a leftist that imagines/wishes a future with no government oppression, sponsored killing, and violence; and if you claim to be pro rehabilitation instead of punishment, you should not be celebrating capital punishment.
If they're willing to not kill this person, then don't, she's no use to anyone dead. Confiscate everything she has, and garnish all her future earnings. How can she pay her debt if they kill her?