Vietnam seeks death for tycoon in $12bn fraud case
Vietnam seeks death for tycoon in $12bn fraud case
HANOI - Vietnamese prosecutors called on Tuesday for the death penalty to be handed to Truong My Lan, the mastermind of the Southeast Asian nation's largest financial fraud on record, state media said.
We seem to like to draw a line between crimes where the damages caused are visible from those where the damages caused are less visible, but its undoubtable that the crimes of the wealthy, so called white collar crimes, cause just as real material pain and suffering and societal damage.
If anything, the consequences of a crime should be scaled by your wealth and privileged in a society, because you really have no excuse for not following the law. Earn above a million dollars a year? Well a parking ticket costs you 10s of thousands of dollars? Earn above a billion a year and park outside the lines? Gallows.
If proven beyond a doubt, I agree. But the communist leadership has been fairly lax on enforcement ... until now that is. One has to wonder why all of a sudden they've decided to do something?
I feel like this is an important thing.
Top global firms, such as Ernst & Young and KPMG, did not flag concerns about the bank in their audits, public documents show.
The board, CEOs and senior executives of these leeches need to be standing in line holding their wicker baskets.
The state shouldn't be in the business of killing people.
While true, billionaires shouldn't be in the business of existing.
$12 billion dollars is the equivalent of the 1.3 million years of work in vietnam. that's the livelihoods of more than 34000 people, stolen to profit one person.
The Vietnamese government does things like this on a cyclical basis. Every rich person here and everyone in government is corrupt as fuck. The president resigned a few hours ago over corruption. The president before him resigned just over a year ago over corruption. They're all stealing money. New government comes in and puts the old government in jail for corruption. A newer government comes in and puts that government in jail for corruption. Death sentences for people in top positions and bankers and whoever else. But they're all corrupt. Everyone above middle class here is corrupt.
I'm ok with this.
I'm not. Imprison her for life, but the death penalty is never acceptable as long as there's even the slightest chance of a false conviction. As long as "the system" can get it wrong, it should not be allowed to carry out irreversible punishments.
Finally, some good news!
Very rare Vietnamese W
WDYM? Common Vietnamese W
They're not exactly known for human rights support.
On the other hand, they actually stopped a genocide in living memory, which is more than you can say for most nations.
The whole country is corrupt, it's just so open and brazen. No one would be left alive if they did this to anyone guilty.
According to the article, she siphoned off a lot of dong.
Giving the state the power to kill a certain class of people is a great way to get the state to reclassify anyone inconvenient as a member of that class so they can be murdered legally. With that being said, I'm unlikely to get Vietnam to eliminate the death penalty entirely or be mistaken for a corrupt billionaire so maybe this will remind the other billionaires that they're made of soft, fragile meat just like the rest of us.