Defendants at the trial (Photo: SGGP)

Death penalty, life imprisonment issued for corrupt bankers

Former chairman of state-owned PetroVietnam Nguyen Xuan Son was sentenced to death this morning for embezzlement and abuse of power committed in his former job of leading a bank partly owned by Vietnam's oil-and-gas giant at the trial on Ocean Bank.
Former OceanBank Chairman Ha Van Tham in court (Source: VNA)

Former OceanBank executives stand trial in Hanoi

The People’s Court of Hanoi on August 28 opened the first instance hearing for former Chairman of the Board of Directors of the Ocean Commercial Joint Stock Bank (OceanBank) Ha Van Tham and other 50 defendants for serious violations of the State’s monetary policies.
Trinh Xuan Thanh

Temporary detention order issued for Trinh Xuan Thanh

The Investigation Police Agency under the Ministry of Public Security yesterday said that it issued a temporary detention order for Trinh Xuan Thanh, former Chairman of the PetroVietnam Construction Corporation (PVC).