Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
Dismiss
This content is for our paying subscribers only

World Court and Crime

Vietnam court jails soft drinks tycoon in $40 million scam case

The court found Tran Qui Thanh and his two daughters guilty of scamming investors



Vietnamese soft drink boss Tran Qui Thanh (C) is led into a court in Ho Chi Minh City.
Image Credit: AFP

Ho Chi Minh city: Vietnam's top soft drinks tycoon was jailed for eight years on Thursday in a $40 million fraud case - the latest high-profile business figure snared in the country's wide-ranging crackdown on corruption.

Get exclusive content with Gulf News WhatsApp channel

The court in Ho Chi Minh City found Tran Qui Thanh and his two daughters guilty of scamming investors over loans issued in late 2019 and early 2020.

Advertisement