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Vietnam arrests five former bank employees for alleged mismanagement

Published Sun, Dec 11, 2016 · 09:50 PM
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Hanoi

VIETNAM has arrested five former bank employees for alleged mismanagement, including an ex-managing director and his deputy, the latest executives to be punished in the scandal-hit sector.

Tran Phuong Binh, his deputy Nguyen Thi Ngoc Van and three others were arrested for "violating laws on financial and banking activities", according to a statement from the partially state-owned Dong A Bank on Saturday.

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