RSS   Newsletter   Contact   Advertise with us

Vietnam oil exec 'kidnapped' from Germany jailed for life

Staff Writer | January 22, 2018
A Vietnamese former state oil executive who was allegedly kidnapped from Germany was on Monday jailed for life for embezzlement, in the highest-profile corruption trial to target the Communist country's business and political elite.
Trinh Xuan Thanh
Asia   The blockbuster trial involving 21 other officials
The blockbuster trial involving 21 other officials, including an ex-politburo member, has gripped a country where the affairs of the powerful are normally kept secret.

But Vietnam's conservative leadership is waging a massive anti-communist sweep that mirrors China's crackdown on graft.

Trinh Xuan Thanh, the former head of state-run PetroVietnam Construction (PVC) was sentenced to "14 years for mismanagement and life in prison for embezzlement", according to state-run VNExpress news site.

The jury said "no-one at PVC dared use money with the wrong purposes" without Thanh's direction, according to VNExpress.

The embezzlement charges carry a maximum sentence of death, but the tariff was reduced after prosecutors recommended life instead.

Thanh faces a second separate trial later this week for embezzlement that could see him put to death.