Vietnam quickens criminal probes that rattled the economy

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HANOI: Vietnamese authorities are aggressively stepping up criminal proceedings of former real estate executives whose cases upended the nation’s property and bond markets.

The government announced Wednesday the Supreme People’s Procuracy is prosecuting Hanoi-based Tan Hoang Minh Group’s ex-chairman Do Anh Dung and other defendants on charges of fraudulently appropriating about 8.6 trillion ($355 million) from 6,600 investors.