HO CHI MINH CITY - Vietnam's top soft drinks tycoon was jailed for eight years on Thursday in a $40-million fraud case, the latest high-profile business figure snared in the country's sweeping crackdown on corruption.
HO CHI MINH CITY - Vietnam 's top soft drinks tycoon was jailed for eight years on Thursday in a $40-million fraud case, the latest high-profile business figure snared in the country's sweeping crackdown on corruption.The communist nation's wide-ranging campaign to wipe out endemic graft has seen more than 4,400 people charged with criminal offenses, including officials and senior business figures.
"I would like to be given leniency, handing me the chance to come back to society soon for my continued work and devotion," Thanh was quoted as saying.Judge Huynh Van Truc, who read the verdict in court Thursday, said the defendants' crimes had "caused danger to society"."The defendants were well aware that their behavior would be punished by law but they had deliberately committed the crime," the judge said.
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