Stocks Flux
  • Business
  • Politics
  • Latest news
  • World News
  • Business
  • Politics
  • Latest news
  • World News

Stocks Flux

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

0
FacebookTwitterGoogle +Pinterest
previous post
‘Aspirations of 1.4 billion’: India celebrates as first International Space Station mission gets underway
next post
Divided Fed proposes rule to ease capital requirements for big Wall Street banks

You may also like

Britain’s second-largest city declares ‘major incident’ as 17,000...

April 1, 2025

Calls are mounting to ban Germany’s far-right AfD...

July 6, 2025

After three years of war in Ukraine, Europe’s...

February 24, 2025

South Korean actor Kim Sae-ron dead at 24

February 17, 2025

Putin’s Victory Day ceasefire set to come into...

May 8, 2025

Climate activist Greta Thunberg joins aid ship sailing...

June 2, 2025

World’s tallest monk? Victor Wembanyama spotted at China’s...

June 10, 2025

North Korea arrests four over failed warship launch...

May 26, 2025

Greenland is about to hold elections in which...

March 11, 2025

Rice crisis: Japan releases strategic reserves to ease...

April 7, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Categories

    • Business (452)
    • Latest news (10)
    • Politics (2,297)
    • World News (1,369)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Politics

    • Democrats under fire as food stamp funds run dry: 42 million Americans caught in shutdown fight

      October 24, 2025
    • Essential workers left unpaid after Senate Democrats kill pay bill

      October 24, 2025
    • Curtis Sliwa vows to be Zohran Mamdani’s ‘worst nightmare’ if the Democratic socialist wins NYC mayoral race

      October 24, 2025
    June 2025
    M T W T F S S
     1
    2345678
    9101112131415
    16171819202122
    23242526272829
    30  
    « May   Jul »

    Copyright © 2025 stocksflux.com | All Rights Reserved