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Explainer: What's behind Vietnam's corruption crackdown?

Reuters  |  HANOI 

HANOI (Reuters) - Vietnam brought 22 executives to court over losses at the state oil firm on Monday, in the most important trial of a widening crackdown on corruption. Among those being tried was the first politburo member to be arrested in decades.In a separate trial in Ho Chi Minh City, a banking fraud case began with 46 defendants.As well as shedding light on graft, mismanagement and nepotism within state firms at a time privatisation is accelerating, the arrests show the ascendancy of a more conservative faction within the ruling Communist Party.How many people are involved?Scores have ...

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First Published: Mon, January 08 2018. 15:51 IST
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