• PowerCrazy@lemmy.ml
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      5 months ago

      The death penalty in this case isn’t to deter future crime of the same type. It’s to remove a specific type of malignant cancer from society and ensure that it can’t spread to others. All of her cohorts that could be punished were sentenced for a range of time and a fine as is appropriate.

    • dylanmorgan@slrpnk.net
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      5 months ago

      In Vietnam? Not sure. The French seemed to have a lasting benefit from doing this to every landlord they could lay hands on in the late 1700s, though.

  • AutoTL;DR@lemmings.worldB
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    5 months ago

    This is the best summary I could come up with:


    The 67-year-old chair of the real estate company Van Thinh Phat was formally charged with fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP.

    Lan and her family established the Van Thing Phat company in 1992 after Vietnam shed its state-run economy in favor of a more market-oriented approach that was open to foreigners.

    She had started out helping her mother, a Chinese businesswoman, to sell cosmetics in Ho Chi Minh City’s oldest market, according to state media Tien Phong.

    Van Thinh Phat would grow to become one of Vietnam’s richest real estate firms, with projects including luxury residential buildings, offices, hotels and shopping centers.

    She indirectly owned more than 90% of the bank — a charge she denied — and approved thousands of loans to “ghost companies,” according to government documents.

    In November, Communist Party General Secretary Nguyen Phu Trong, Vietnam’s top politician, said that the anti-corruption fight would “continue for the long term.”


    The original article contains 621 words, the summary contains 159 words. Saved 74%. I’m a bot and I’m open source!

  • vikinghoarder@infosec.pub
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    5 months ago

    I don’t believe these things happen because of great work or investigations, she must have stepped on someone else’s toes or something, that’s the only way influential people go down…

    • 20kHz@lemm.ee
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      5 months ago

      You must be from VN to know that thing. That’s for real though

    • Diplomjodler@lemmy.world
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      5 months ago

      There’s your answer:

      Her actions “not only violate the property management rights of individuals and organizations but also push SCB (Saigon Joint Stock Commercial Bank) into a state of special control; eroding people’s trust in the leadership of the Party and State,”

  • HonestMistake_@lemmy.ml
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    5 months ago

    I’m usually not fond of the death penalty, but these are the kind of people it should be reserved for.