The Great Assets
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

The Great Assets

World News

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

by admin 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

previous post
Bernie Moreno wants Senate to call for Nobel Peace Prize to go to Trump
next post
Police fire teargas and water cannon at protesters in Kenya as thousands take to the streets

Related Posts

US moves B-2 stealth bombers to Indian Ocean...

April 2, 2025

Ukraine hails ‘constructive’ start to US talks, hours...

March 12, 2025

King Charles and Queen Camilla pay a surprise...

April 10, 2025

Israel has threatened to kill Iran’s supreme leader....

June 21, 2025

Family and friends shattered and scarred by tourist...

April 26, 2025

Trump’s dream of peace in Ukraine now must...

March 12, 2025

First ‘self-deportation’ flight from US lands in Honduras...

May 20, 2025

‘We are living in a war’: Mexicans brace...

May 29, 2025

Live-fire drills by ‘extremely capable’ Chinese warships rattle...

February 24, 2025

US envoy says ‘elephant in the room’ in...

March 23, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


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

    Editors’ Picks

    • 1

      Top 11 Countries by Rare Earth Metal Production

      February 27, 2025
    • 2

      Rare Earths Reserves: Top 8 Countries

      February 5, 2025
    • 3

      Capital One outage drags into Friday afternoon, leaving some customers without deposit access

      January 23, 2025
    • 4

      Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

      January 23, 2025
    • 5

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 6

      Altech Batteries LtdCERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • 7

      Altech – CERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: thegreatassets.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 © 2025 thegreatassets.com | All Rights Reserved