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One of the World’s Richest Women [Truong My La Lan] Sentenced to Execution (www.thedailybeast.com)

submitted 7 months ago by jeffw@lemmy.world to c/world@lemmy.world

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[-] SuddenDownpour@sh.itjust.works 48 points 7 months ago

The lifestyle of Vietnam’s nouveau riche elite was exposed during the devastating trial in Ho Chi Minh City that convicted Truong My La Lan of stripping the country’s biggest bank huge sums of money in a scam worth $44 billion. (...) She broke down in tears as she battled for her life before the sentence was announced. It was “due to my lack of understanding of legal matters,” she said, that she “did the wrong things.”

Watch me boombling and bamboozling my way around with my eyes closed and absolute zero awareness of my general environment as I accidentaly scam billions of dollars. Whoopsies.

[-] Maggoty@lemmy.world 11 points 7 months ago

Lack of understanding of legal matters....

She didn't realize the law applied to her!

[-] K0W4LSK1@lemmy.dbzer0.com 7 points 7 months ago

To be fair I feel like Kevin O'Leary just used this excuse for trump. He essentially said we do it all the time you normies never say anything I don't see the problem, I'm paraphrasing but here's a Jon Stewart piece about it

[-] PipedLinkBot@feddit.rocks 1 points 7 months ago

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Jon Stewart piece about it

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[-] SparrowRanjitScaur@lemmy.world 1 points 7 months ago

https://youtu.be/SngxCIra_Ng?feature=shared

[-] PipedLinkBot@feddit.rocks 1 points 7 months ago

Here is an alternative Piped link(s):

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[-] cyd@lemmy.world 42 points 7 months ago

You can tell this is written by an American because it keeps bringing up the war for no reason.

[-] Ilovethebomb@lemm.ee 10 points 7 months ago

Also just a very inefficient use of language, they really waffle on.

[-] Akasazh@feddit.nl 40 points 7 months ago

I applaud holding rich people accountable, yet I'm militantly opposed to the death sentence.

I think there's quite some no wage labor left in them, let them try that out for a change.

[-] SuddenDownpour@sh.itjust.works 18 points 7 months ago

The most difficult argument to argue against against the death penalty is that you cannot repair for the damages of executing a person you've wrongly convicted, if new evidence appears too late.

This doesn't even mean there aren't people who deserve to die, or who deserve suffering. Rather, it's an acknowledgement of the fallibility of human institutions.

[-] Sludgeyy@lemmy.world 1 points 7 months ago

That's why death penalty shouldn't exist for crimes like a wife killing a husband. You might be 99.9% sure she poisoned him, but you cannot know for sure.

However, a school shooter caught red handed shooting a school?

Some crimes and scenarios can warrant the death penalty in my mind

Next argument is "what if the government framed people to execute them?"

Why in the world would the government point out that they are executing someone?

If the government (the rich controlled government) wants you dead they would do it quietly.

Even something as simple as cutting your brake lines. You really think local police are going to figure out that the government had soldier 65478 tamper with your brake lines?

[-] ZombiFrancis@sh.itjust.works 6 points 7 months ago

Militantly you say? To what end?

[-] Akasazh@feddit.nl 4 points 7 months ago

I'm overstating, but yeah I want them alive. To eat a way out. There's plenty menial tasks they can do .

[-] Sludgeyy@lemmy.world 3 points 7 months ago

Sending someone to a work camp is more humane than taking their life?

[-] Akasazh@feddit.nl 2 points 7 months ago

It's reversible at least. I'm not for unusual punishment, just got the exact conditions of a Vietnamese laborer at the bottom rung.

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[-] stoly@lemmy.world 2 points 7 months ago

I’m with you here

[-] Ilovethebomb@lemm.ee 22 points 7 months ago

Concise writing is a dead art, isn't it?

I guess the death sentence is one way to deter people from similar offences.

[-] Pilferjinx@lemmy.world 6 points 7 months ago

Maybe she didn't bribe them well enough? She should've been buying officials rather than property like we do in the west.

[-] whenigrowup356@lemmy.world 7 points 7 months ago

From the article:

"She faced an array of charges along with her husband, Eric Chu Nap Kee, a billionaire Hong Kong real estate operator, and 85 co-conspirators, including lawyers and banking regulators from the capital of Hanoi, the seat of communist rule."

So, she did bribe officials. Probably pissed off the wrong one, though.

[-] Sterile_Technique@lemmy.world 19 points 7 months ago

Thoughts, prayers, and most importantly: redistribution!

[-] gmtom@lemmy.world 10 points 7 months ago

Rare Vietnamese W

[-] A_cook_not_a_chef@lemmy.world 14 points 7 months ago

They had a pretty big W in 1975

[-] PlantDadManGuy@lemmy.world 8 points 7 months ago

So 49 years ago? Yeah I'd say that counts as rare.

[-] febra@lemmy.world 1 points 7 months ago* (last edited 7 months ago)

Reminder: rare Ws don't imply frequent Ls!

[-] cosmicrookie@lemmy.world 4 points 7 months ago

How can multibillionaires even exist in a communist country!?

[-] treefrog@lemm.ee 16 points 7 months ago* (last edited 7 months ago)

They're a market based mixed economy. Mixed means both socialist and capitalist (public and private ownership of the means of production).

It's Communist in the sense that there's only one political party, the communist party. And their goal is to move towards socialism.

The Đổi Mới economic reforms were initiated by the Communist Party of Vietnam in 1986 during the party's 6th National Congress. These reforms introduced a greater role for market forces for the coordination of economic activity between enterprises and government agencies, and allowed for private ownership of small enterprises and the creation of a stock exchange for both state and non-state enterprises

The economic reforms aimed to restructure the Vietnamese economy away from Soviet-type central planning and towards a market-based mixed economy intended to be a transitional phase in the development of a socialist economy. The goal of this economic system is to improve the productive forces of the economy, developing a firm technical-material base for the foundation of socialism, and to enable Vietnam to better integrate with the world economy.

[-] skulkingaround@sh.itjust.works 1 points 7 months ago* (last edited 7 months ago)

Hint: communism doesn't work in practice on scales the size of nations. The ideology is too fragile and susceptible to corruption and outside influence and you end up with shit like this.

Before anyone says "it's not real communism" that is the point. It's useless if it's too weak against other ideologies to be properly implemented.

[-] zephyreks@lemmy.ml 12 points 7 months ago

The same argument can be applied for free market capitalism: it's too fragile and susceptible to corruption and outside influence. The reality is that the big economies of the world lie somewhere in the middle.

[-] skulkingaround@sh.itjust.works 1 points 7 months ago

Correct assessment. Absolutism in political systems is unproductive and leads to poor outcomes.

[-] gmtom@lemmy.world 9 points 7 months ago

That's because communism was never supposed to be a thing you just implement and was never meant to exist alongside other ideologies.

Communism as first described by Marx and then later expanded upon by other theorists is merely the inevitable outcome of a global society that has overcome scarcity, moved away from late stage capitalism and values things like workers rights, equality and standards of living.

The biggest divide between communists is usually how we get to that end state. Do you try to ignite a global violent revolution against capitalism, seize the means of production by force and then use dictatorial power to try and force society towards it, like the Soviets did? Or should we make incremental changes over time though existing Democratic channels like democratic socialists? Or do you seize the power for yourself, run the country like a monarchy and claim you've achieved communism?

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[-] Cowbee@lemmy.ml 8 points 7 months ago

Socialism works. Workers can democratically direct production at scale. Communism is the goal, but Socialism isn't some sacrifice to get through, it's a marked improvement on Capitalism. Capitalism itself is the sacrifice.

[-] cosmicrookie@lemmy.world 6 points 7 months ago

But even if communism was an ideology and an unreachable standard that a community or country was striving to active, you would expect it to be harder to even become a millionaire

[-] skulkingaround@sh.itjust.works 4 points 7 months ago

Communism is an definitely an ideology. Literally first sentence from Wikipedia: "Communism [...] is a left-wing to far-left sociopolitical, philosophical, and economic ideology..."

But yeah, it's kinda suspicious that every nation scale attempt at communism has ended in failure or a system that is decidedly not communist, whether through internal strife or external influence.

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this post was submitted on 11 Apr 2024

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