Is this penalty too harsh? For a while, glamorous Vietnamese real estate tycoon Truong My Lan must have felt like the most powerful woman in the world. Some think she deserves her comeuppance.
Sentenced to death for looting £35 billion
Is this penalty too harsh? For a while, glamorous Vietnamese real estate tycoon Truong My Lan must have felt like the most powerful woman in the world. Some think she deserves her comeuppance.
What's happening?
In the 2018 film Ocean's 8, eight glamorous women, led by the con artist Debbie Ocean, devise an elaborate plan to steal a $150 million Cartier necklace at the Met Gala, the world's most prestigiousHighly respected. fashion event.
Perhaps the Vietnamese property developer Truong My Lan felt like the fictional Debbie Ocean? She spent an impressive 11 years looting one of the country's largest banks before anybody noticed.
It is the biggest financial fraud case in Vietnam's history, with the spoilsGoods stolen or taken forcibly from a person or place. amounting to $44 billion (£35 billion), or 3% of the country's entire GDP.
Amid an anti-corruption campaign in Vietnam, Truong My Lan has been sentenced to death for her crimes.
Some see it as unfair that she is facing such a harsh sentence and that she is being used an an example.
The 2008 financial crisis led to a loss of over $2 trillion in global economic growth and wiped out $8 trillion in stock market value. Americans alone saw a $9.8 trillion loss in wealth.
Next to this, Truong My Lan's enormous heist seems almost insignificant. Sentencing her to death, in turn, appears absurd. But many think the sentence is intended as symbolic, a way of finally putting the country's corruption problem to sleep.
Is this penalty too harsh?
Yes! It can never be right to take somebody's life, especially over money.
No! This is a crime of epicSomething historically important, lasting and complex. Also used to describe something that is awesome, great, unforgettable. proportions which cannot be treated by the usual rules.
Keywords
Prestigious - Highly respected.
Spoils - Goods stolen or taken forcibly from a person or place.
Epic - Something historically important, lasting and complex. Also used to describe something that is awesome, great, unforgettable.
Sentenced to death for looting £35 billion
Glossary
Prestigious - Highly respected.
Spoils - Goods stolen or taken forcibly from a person or place.
Epic - Something historically important, lasting and complex. Also used to describe something that is awesome, great, unforgettable.