The Borneo Post (Sabah)

Fugitive spy jailed again in Vietnam

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HANOI: A fugitive spy was jailed for a second time in Vietnam Thursday after a court convicted him for ‘abuse of power’ for pilfering more than US$8 million from a bank in a share-buying scheme.

Phan Van Anh Vu was convicted as Vietnam’s communist government widens a corruption crackdown that has already seen dozens of former highflying officials, executives and businessme­n put behind bars.

The former property developer turned runaway spy is already serving eight years after he was convicted in July for ‘divulging state secrets’.

That conviction came after he was arrested in Singapore and swiftly sent back to Vietnam to face trial earlier this year.

On Thursday, a court in Ho Chi Minh City found him guilty of abuse of power in a separate trial linked to the partially stateowned Dong A Bank, Vu’s lawyer told AFP.

He was jailed for 17 years while the bank’s former general director Tran Phuong Binh got life.

“Vu insists that he was not guilty and he will appeal,” his attorney Nguyen Huu The Trach told AFP.

Binh allegedly instructed Vu to sign a falsified document that said Vu purchased US$8.7 million worth of stocks in Dong A Bank, when in fact he pocketed it. Vu paid the money back this year, his lawyer said.

Vu grabbed headlines when he was arrested in Singapore carrying two passports — one of which was fake — while passing through the city state en route to Europe.

Vu’s conviction shocked many in conservati­ve Vietnam because of his links to the powerful Ministry of Public Security (MPS), long believed to be untouchabl­e. — AFP

 ??  ?? Vu is escorted by policemen during his trial in Ho Chi Minh city,Vietnam. — Reuters photo
Vu is escorted by policemen during his trial in Ho Chi Minh city,Vietnam. — Reuters photo

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