From Aljazeera
A Vietnamese former banker and his business associate have been sentenced to death for their part in the embezzlement of $25 million, state media has reported.
The two men were among 11 defendants in the nine-day trial in Saigon. [AP]
The pair were among 11 defendants in the nine-day trial in Saigon, state media reported on Saturday, in a case that has highlighted Vietnam’s efforts to show it is stamping out corruption in the face of widespread public anger over the issue.
Vu Quoc Hao, 58, the one-time chief of a finance subsidiary of the state-owned Vietnam Agribank and building firm boss Dang Van Hai, 56, were sentenced to death on Friday, according to state television.
“They were given the sentences for embezzlement of assets, mismanagement, abuse of power and fraud, causing serious consequences to the state,” it said.
The other nine defendants were jailed for up to 14 years for violating state economic regulations, the report added.
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