Vietnamese soft drinks tycoon gets 8-year jail term

By Agence France-Presse

Apr 26, 2024 12:50 am

HO CHI MINH CITY, Vietnam: Vietnam's top soft drinks tycoon was sentenced to eight years in prison on Thursday in a $40-million fraud case, the latest high-profile business figure snared in the Southeast Asian 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.

CONVICTED FOR CORRUPTION Soft drink tycoon Tran Qui Thanh (center), on trial for a $40-million fraud case, looks on at a court in Ho Chi Minh City, southern Vietnam on Thursday, April 25, 2024. AFP PHOTO

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Qantas plane returns to Australia airport due to 'engine failure,' sparks fire

SKorea holds missile drill after NKorea launches

Taiwan coast guard offers rewards for spotting foreign ships

Xi to Trump: US, China must 'get along'

SKorea's Yoon 'not ruling out' arming Ukraine

Japan's Ishiba to boost defense alliance with Trump

Indonesian volcano spews 2,500-m ash column