Vietnam banker sentenced to death for fraud


Al Jazeera
November 18, 2013

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 pair were among 11 defendants in the nine-day trial in Ho Chi Minh City, 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.

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