Vietnam’s supreme people’s court upheld the convictions of Duong Chi Dung, the ex-chairman of the state shipowner, and ex-general director Mai Van Phuc.

They were found guilty last year of embezzling VND10bn ($474,000) each, as well as economic mismanagement as the company nearly collapsed under its debt mountain.

The court ruled the death sentences were justified due to the amount of money involved and the fact Dung fled to Cambodia instead of handing himself in to police.

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