HANOI: A Hanoi court jailed two former senior oil executives on abuse of power charges on Friday , as Vietnam forges ahead with a crackdown on graft.
Former director-general Tu Thanh Nghia and ex-chief accountant Vo Quang Huy were sentenced to 3.5 years and seven years respectively, state-controlled Vietnam News Agency reported, with both also banned from holding managerial positions in state agencies and enterprises for three years after their release.
Dozens of Ocean Bank employees have been convicted including former director Nguyen Xuan Son, who was sentenced to death for embezzlement and economic mismanagement in 2017.Hanoi has vowed to root out graft at the highest ranks of business and government and said it will also go after day-to-day corruption.
Source: Law Daily Report (lawdailyreport.net)
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