Wednesday, August 23, 2006

Death For White Collar Crimes

Asia Times has posted an article about Nguyen Thi Quynh Van, the former deputy head of trade finance at the Industrial and Commercial Bank of Vietnam, known widely as Incombank, who faces death for some bad trades she made.

Corruption, graft and embezzlement are all crimes that can lead to the death sentence in Vietnam. Since 2003, Vietnamese courts have sentenced 11 high-ranking officials and business people to death for economic crimes. Her official charge is "losing state resources through economic mismanagement."


Amnesty International points out that in March of this year,Phung Long That, head of the Customs Department's anti-smuggling office, was found guilty of accepting bribes and smuggling, and executed.

So it's pretty safe to say, these guys aren't fooling around.

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