Hanoi — A Vietnamese court sentenced a former banker and his business associate to death penalty for embezzlement of $25 million on Friday, as the government clamps down on corruption in response to public anger over the issue.
Receiving death penalty for embezzlement, the death sentence by lethal injection were Vu Quoc Hao, 58, former chief of a finance subsidiary of state owned Vietnam Agribank and building firm boss Dang Van Hai, 56, said reports.
“They were given the sentences for embezzlement of assets, mismanagement, abuse of power and fraud, causing serious consequences to the state,” state media reported.
There were nine other defendants in the trial who were jailed for up to 14 years for violating state economic regulations.
Vietnam has been rated one of the most corrupt nations in the world, and the situation has become an important issue for many of its people.
The government insists it is serious about addressing corruption that equals death penalty for embezzlement.
“There will be strict punishment for state cadres and officials who received bribes,” the deputy prime minister warned last week during an anti-corruption dialogue held in Hanoi.
Executions by lethal injection were resumed earlier this year in Vietnam.