Laos Central Bank Faces LAK 66.86 Billion Embezzlement Loss
✍️ Phontham Visapra, .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow, Class, Wp-Block-Co-Authors-Plus, Display Inline, .Wp-Block-Co-Authors-Plus-Avatar, Where Img, Height Auto Max-Width, Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar, Vertical-Align Middle .Wp-Block-Co-Authors-Plus-Avatar Is .Alignleft .Alignright📅 November 18, 2025 12:00 AM🕐 Scraped: November 18, 2025
Summary: The Bank of the Lao PDR (BOL) has pledged to take stronger measures against corruption, weak internal controls, and loan irregularities.
The Bank of the Lao PDR (BOL) is intensifying efforts to tackle corruption and internal mismanagement after inspection teams uncovered 181 cases of embezzlement and misappropriation between 2021 and 2025, resulting in losses of LAK 66.86 billion (USD 3 million).
Alarmingly, only 22.96 percent of these funds have been recovered, highlighting ongoing challenges in recovering misappropriated money and strengthening ov
📰
Continue Reading on Laotian Times
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.
