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C.bank governor calls for greater supervision of banks

State Bank of Vietnam (SBV) governor, Hong Thi Nguyen, has advocated greater supervision of credit institutions to Vietnam’s National Assembly, The Investor is reporting. This comes just days after it was revealed a former director of the SBV had accepted a bribe of up to US$5.2 million to look the other way over a US$12 billion case of embezzlement.

See also: Misappropriation of US$44 billion by bank exec. rattles Vietnam 

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