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Lao central bank employees sent to jail over corruption charges

VIENTIANE: The Vientiane People's Court has sentenced 10 bank employees to lengthy prison terms, including life sentences, in corruption and money laundering cases that caused losses of more than 2.29 trillion kip (US$102.6 million).

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老挝中央银行员工因腐败指控被送进监狱

Convicted bank staff listen as their sentences are read out at the Vientiane People’s Court. - Vientiane Times/ANN

VIENTIANE: The Vientiane People’s Court has sentenced 10 bank employees to lengthy prison terms, including life sentences, in corruption and money laundering cases that caused losses of more than 2.29 trillion kip (US$102.6 million).

As well as prison sentences, each of the accused was fined an amount equivalent to one per cent of the money misspent or appropriated.

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