Vietnam abolishes death penalty for embezzlement and other crimes, sparing tycoon's life in $12-billion fraud case.

Vietnam abolishes death penalty for embezzlement and other crimes, sparing tycoon's life in $12-billion fraud case.

The death sentence has been removed from eight criminal offences and replaced with life imprisonment for offenders.

The Vietnamese government has scrapped capital punishment for eight crimes, including embezzlement, corruption and espionage.

HANOI: A Vietnamese property tycoon sentenced to death for fraud totaling $27 billion will no longer face execution, her lawyer said Wednesday, as the country abolished capital…

The move, one official said, would help the country extradite suspects from abroad. It would also spare the life of a recently convicted tycoon.

Vietnam has abolished the death penalty for eight criminal offenses setting the stage for the courts to spare the life of a real estate tycoon sentenced to death last year.