Lao Finance Ministry Cracks Down on Corruption: Seizes 12.3 Billion Kip from 50 Accounts
2025-03-22
The Star
In a significant move to combat corruption, the Lao Ministry of Finance has seized over 12.3 billion kip, equivalent to US$265,919, and more than 24.8 million baht from 50 accounts. This major crackdown is part of an ongoing anti-corruption investigation, aiming to promote transparency and accountability in the country's financial sector. The seizure of these assets marks a notable step forward in the government's efforts to tackle financial crimes and ensure a stable economic environment, with anti-money laundering and financial regulation being key areas of focus.
