Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

World News

Vietnam to remove death penalty for embezzlement, sparing tycoon’s life

by June 26, 2025
June 26, 2025
Vietnam to remove death penalty for embezzlement, sparing tycoon’s life

Vietnam will remove the death penalty for eight offenses from next month, including embezzlement and activities aimed at overthrowing the government, parliament said on Wednesday, sparing the life of a tycoon in a $12 billion fraud case.

The National Assembly, the country’s lawmaking body, unanimously ratified the amendment to the Criminal Code earlier on Wednesday to abolish the death penalty for the crimes, it said in a statement.

Other crimes that will no longer lead to the death penalty include vandalizing state property, manufacturing fake medicine, jeopardizing peace, triggering invasive wars, espionage and carrying drugs, the official Vietnam News Agency said.

The maximum sentence for these crimes will now be life imprisonment, the report said.

Those who were sentenced to death for these offenses before July 1 but have not yet been executed will have their sentences commuted to life imprisonment, the report added.

These will include real estate tycoon Truong My Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, who was sentenced to death last year on embezzlement charges.

Lan’s lawyers didn’t immediately respond to a Reuters request for comment.

“According to the amendment of the Criminal Code, her sentence will automatically be reduced to life imprisonment,” lawyer Ngo Anh Tuan, who is not part of Lan’s defense team, told Reuters.

Ten offenses will remain subject to capital punishment in Vietnam, including murder, treason, terrorism and the sexual abuse of children, according to the report. Drug trafficking will also remain a capital offense.

Capital punishment data is a state secret in Vietnam and it is not known how many people are currently on death row in the country. Lethal injection is the only method of execution after firing squads were abolished in 2011.

This post appeared first on cnn.com
0
FacebookTwitterGoogle +Pinterest
previous post
Why Trump’s strikes on Iran will leave North Korea more determined than ever to keep its nukes

You may also like

Australia votes in national election seen as latest...

May 2, 2025

Telegram CEO Pavel Durov detained at airport in...

August 25, 2024

How protests over designer handbags threw Mongolia into...

June 2, 2025

Netanyahu vows to continue war in Gaza despite...

April 19, 2025

South Korea’s ruling party backs impeachment as president...

December 12, 2024

Georgia election chief doused in paint as protests...

November 16, 2024

Ukraine fires US, British missiles into Russia, launches...

January 15, 2025

At least 16 dead, including 6 children, in...

April 4, 2025

Operation to recover sunken Bayesian superyacht begins off...

May 5, 2025

They’re cute, cuddly and coming to America: China’s...

October 14, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Vietnam to remove death penalty for embezzlement, sparing tycoon’s life

      June 26, 2025
    • Why Trump’s strikes on Iran will leave North Korea more determined than ever to keep its nukes

      June 26, 2025
    • Jill Biden’s ‘work husband’ runs for cover as privilege protection crumbles

      June 26, 2025
    • Drug kingpin ‘Fito,’ Ecuador’s most wanted man, has been captured, says Ecuador’s president

      June 26, 2025
    • Poll: Majority of Republicans back Trump’s strikes on Iran; most Americans fear getting dragged into war

      June 25, 2025
    • Senate Republicans look to sweeten Medicaid pot to silence dissent on Trump’s ‘big, beautiful bill’

      June 25, 2025

    Categories

    • Business (691)
    • Investing (661)
    • Politics (4,657)
    • World News (3,104)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 WhaleLargeCapital.com | All Rights Reserved