YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Vietnamese banker sentenced to death for fraud

Posted online

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.

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, received their sentences Friday, according to Al Jazeera.

The nine other defendants in the case were jailed up to 14 years, according to reports.

Vietnam resumed executions by lethal injection earlier this year, drawing criticism from the UN's human rights office.

Read more from Al Jazeera.

[[In-content Ad]]

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Spring 2025 Architects & Engineers Project Report

Schools, athletic facilities, businesses and infrastructure are among the featured projects.

Most Read
SBJ.net Poll
Update cookies preferences