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View all search resultsTwo former communications ministers were arrested in Vietnam Saturday for mismanaging public funds over their alleged roles overseeing the purchase of a loss-making TV firm that would have cost the state millions of dollars. Truong Minh Tuan and Nguyen Bac Son are under investigation for "violation of regulations on the management and use of public capital causing serious consequences," the Ministry of Public Security said. Their arrests come amid an unprecedented anti-corruption drive that echoes China's crackdown on graft. Dozens of bankers, businessmen and officials have been jailed in Vietnam since 2016 when the campaign took root. Some observers say the drive is politically motivated. Tuan and Son are accused of illegally approving the purchase of private television company Audio Visual Global (AVG) in 2015 by the state-run telecommunication firm Mobifone.AVG and Mobifone did not go through with the purchase in the end but offi...
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