HANOI (Reuters) - Vietnam has arrested a former chairman of state-owned Shipbuilding Industry Corporation (SBIC) for alleged abuse of power, police said on Friday, as the Southeast Asian nation cracks down on graft.
A spate of high-profile arrests has shed light on graft, mismanagement and nepotism in state firms at a time of accelerating privatisation, while spotlighting the ascendancy of a more conservative faction in the ruling Communist Party.
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