Hanoi, Sept 30, 2025 (AFP) - Vietnam jails former officials over gold bar graft: state media

NAMPA / AFP

2025-09-30

A court in Vietnam sentenced on Tuesday 16 people at its only state-sanctioned producer of gold bars to lengthy prison terms in a corruption case involving millions of dollars and hundreds of kilograms of bullion, state media reported. State-owned Saigon Jewelry Company (SJC) has maintained a monopoly on gold bullion production in Vietnam since 2012. But the State Bank of Vietnam announced in August that it will allow qualified commercial banks a......

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