Market
What will be the outcome of Truong My Lan's appeal for clemency by end of 2025?
2
Resolution / Starting Odds
Execution • 33%
Commuted to life imprisonment • 33%
Pardon granted • 34%
Official announcements from Vietnamese authorities or credible news outlets reporting on the case
Story
Vietnam's 68-Year-Old Tycoon Must Repay $9 Billion to Avoid Execution as Death Sentence Upheld
Dec 3, 2024, 07:29 AM
On Tuesday, a Vietnamese court upheld the death sentence for 68-year-old real estate tycoon Truong My Lan, one of Vietnam's wealthiest women, convicted of masterminding a multi-billion-dollar fraud, the largest in the country's history. The Supreme People's Court of Ho Chi Minh City rejected her appeal against convictions for embezzlement and bribery. She was found guilty of embezzling $12 billion and orchestrating a $1.2 billion bond fraud, causing severe financial losses to thousands of investors. The court stated that the damages caused were enormous and had extremely serious consequences. Under Vietnamese law, her life could still be spared if she repays 75% of the assets she embezzled, amounting to approximately $9 billion, which would commute her sentence to life imprisonment.
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Similar markets
Pardoned • 25%
Executed • 25%
Life imprisonment after repayment • 25%
Sentence commuted by other means • 25%
Execution • 25%
Commuted to life imprisonment • 25%
Commuted to lesser sentence • 25%
Pardoned • 25%
Receives presidential pardon or clemency • 25%
Repays $9 billion and sentence commuted to life • 25%
Fails to repay and remains on death row • 25%
Other outcome • 25%
No • 50%
Yes • 50%
Other outcome • 25%
Released • 25%
Commuted to life imprisonment • 25%
Execution • 25%
Moderate public dissatisfaction • 25%
Other public response • 25%
Widespread public protests • 25%
General public acceptance • 25%