You have got to hand it to Vietnam, which has somehow managed to produce a scandal that dwarfs the 1Malaysia Development Berhad (1MDB) debacle, widely referred to as the largest financial heist of all time. The 1MDB mess still has Asia aghast a decade on. The fallout from the theft of at least US$4.5 billion […]
Vietnam’s record-breaking bank rot reeks of 1997-98
Saigon Commercial Bank’s $12 billion fraud dwarfs Malaysia’s 1MDB scandal and looks to some like the first domino of a new regional crisis
