FX trader faces possible execution

News

A Vietnamese bank employee faces possible execution in Vietnam after losing some $5.4 million in allegedly unauthorised proprietary trading.

If found guilty of misappropriating state funds, Thi Quynh Van Nguyen, a trader at the Industrial and Commercial Bank of Vietnam (Incombank), could face death by firing squad, say local media reports.

Incombank has filed a civil suit against ABN Amro, the counterparty to the trades, and is demanding compensation of $5.4 million. Two ABN Amro employees hav

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