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Vietnam

Tang Minh Phung, 47, a businessman, and 60-year-old...

Tang Minh Phung, 47, a businessman, and 60-year-old banker Pham Nhat Hong were shot dead by firing squad in southern Ho Chi Minh City after their appeals for clemency were rejected by President Tran Duc Luong in May 2003

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Tang Minh Phung, 47, a businessman, and 60-year-old banker Pham Nhat Hong were shot dead by firing squad in southern Ho Chi Minh City after their appeals for clemency were rejected by President Tran Duc Luong in May 2003.
The two men, together with four others, were found guilty of using false contracts and overvalued properties to secure state loans, worth $200 million, from 1993.
SOURCES
  • (Sources: Reuters News, 14/07/2003)