Vietnam oil executives apologise to Communist Party in corruption trial


FILE PHOTO: Vietnam's Transport Minister Dinh La Thang is seen at a ceremony in Hanoi, Vietnam July 2, 2015. REUTERS/Kham/Files

HANOI (Reuters) - Vietnamese executives on trial for losses at a scandal-hit state oil firm used their final statement in court on Wednesday to apologise to the ruling Communist Party, media said, as Vietnam's biggest corruption trial for years draws to a close.

The trial of 22 former PetroVietam employees, which ends on Monday, is part of a crackdown on fraud and mismanagement that government critics say is politically motivated and targeting those close to former prime minister Nguyen Tan Dung.

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