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Vietnamese banking tycoon appeals life sentence following massive graft trial

Ha Van Tham asked the court to reconsider the embezzlement charges he has been convicted of.

Embattled Vietnamese banking tycoon not out of the woods yet as graft case continues

Investigators are looking into bad debts and fake contracts which the OceanBank exec allegedly signed off on.

Former energy exec gets death sentence in Vietnam's massive graft trial

Fellow conspirators receive up to life behind bars for their roles in the PetroVietnam-OceanBank scandal.
September 29, 2017 | 12:04 pm GMT+7

Big questions remain unanswered as Vietnam’s massive graft trial nears verdicts

The main accusation is that OceanBank paid excessive deposit interest rates, but former employees claim the strategy actually made a profit.
September 26, 2017 | 03:34 pm GMT+7

‘I am sorry for implicating you in this’: Vietnamese banking tycoon addresses employees as graft trial nears end

The judges will take a five-day break to decide the fates of the 51 bankers and businesspeople caught up in the scandal.
September 25, 2017 | 10:54 am GMT+7

Malaysian duo arrested with fake bank cards in Saigon

The two men were spotted acting suspiciously and tried to make a break for it when they were approached.
September 19, 2017 | 11:43 am GMT+7

Vietnamese investigators shine spotlight on PetroVietnam units as massive banking graft case widens

Three subsidiaries of the state-owned giant are accused of colluding with OceanBank execs to appropriate $5.2 million.
September 14, 2017 | 11:37 am GMT+7

Energy exec faces death, ex-banker faces life as massive graft case unravels in Vietnam

Prosecutors have called for the stiffest penalty possible for former chairman of PetroVietnam Nguyen Xuan Son.
September 14, 2017 | 11:14 am GMT+7

Former central bank bigwig dragged down into Vietnam's $400 million graft case

The move comes on the heels of a government inspectors' report that highlighted malfeasance at the central bank between 2010 and 2015.
September 08, 2017 | 05:53 pm GMT+7

Vietnam's State Bank found guilty of violating protocol

The government's inspection agency says there are serious shortcomings when it comes to tackling corruption.
September 02, 2017 | 11:00 am GMT+7

Energy giant execs arrested as Vietnam continues probe into massive bank fraud

They are accused of causing losses of $35.2 million at PetroVietnam by throwing money into a troubled bank.
September 01, 2017 | 06:08 pm GMT+7

51 bankers, businessmen in the dock as Vietnam reopens massive bank fraud trial

The trial could go down as one of the biggest in Vietnam's history with prosecutors looking to turn the key on the $94 million case.
August 28, 2017 | 11:35 am GMT+7

Rumor of banker's arrest wipes $2bln off Vietnam stock market

The government has stepped in to quell investor fears, saying false rumors sparked the crash. 
August 10, 2017 | 04:16 pm GMT+7

HSBC profits up in first half of 2017

The Asia-focused giant has been on a recovery drive over the past two years to streamline the business and slash costs, and has laid off tens of thousands of staff.
July 31, 2017 | 02:32 pm GMT+7

Asia stocks hit 9-1/2-year high, markets await BOJ, ECB meetings

Shares scaled near-decade peak on Thursday, bolstered by a surge in global stocks to a record high on strong U.S. corporate earnings.
July 20, 2017 | 08:45 am GMT+7