The State Bank of Vietnam’s disgraced inspection chief Do Thi Nhan said she regrets taking a bribe of US$5.2 million to cover up wrongdoing at Saigon Commercial Bank.

[…]

She pleaded with the court to show leniency given her remorse and other mitigating factors like handing in the entire bribe money to authorities and excellence performance at work earlier. But prosecutors said the mitigating factors notwithstanding, her crimes were “exceptionally cunning” and worthy of a life sentence for bribery.

[…]

The prosecutors have recommended capital punishment for her for committing severe crimes over a long period and causing irrevocable consequences.

  • 201dberg@lemmygrad.ml
    link
    fedilink
    arrow-up
    24
    ·
    edit-2
    8 months ago

    Imagine what 12 Billion dollars is.
    The AVERAGE of workers generates something like 1-1.2 million dollars worth of labor in one lifetime of labor. (Under the current value of labor in a capitalist society)
    A billion dollars is the LIFETIME of work of about 830-1000 humans. Their entire life’s contribution working. So 12 billion dollars is potentially the lifetime labor of 12 thousands lives.
    Now let’s assume you work for 50 years of your life (which is pretty low in today’s world). And also have a 40 hour work week (also kind of low compared to what a lot of ppl have to do to survive).
    That’s 2,080 hour of work a year. 50 years for a lifetimes work. 12 thousand lifetimes of work. By this somewhat rough and impromptu estimation what she stole equates to 1.2 billion hours of work.