A Vietnamese court convicted a former top-ranking gold executive and 15 others in a case that spotlighted shortcomings in the state’s monopoly on gold trading, which is now being scrapped in favour of a more market-oriented approach.
Le Thuy Hang, the ex-CEO of Saigon Jewelry Company, was sentenced to 25 years in prison for embezzlement and the abuse of power for taking advantage of government policies related to precious metals on Monday, VnExpress reported. SJC, as the firm is known, was the...