Former banking tycoon's 30-yr jail sentence upheld

Tuesday, Dec 16, 2014

The 30-year jail term awarded six months ago to Nguyen Duc Kien, former Vice Chairman of the Asia Commercial Bank (ACB) Founding Council, was upheld by the Ha Noi Court of Appeals yesterday.

Reforms focus on bankruptcy

Thursday, May 29, 2014

Nguyen Duc Kien, Deputy Chairman of the National Assembly''s Economic Committee, spoke to Vietnam News Agency about draft amendments to the Laws on Enterprises and Bankruptcy.

Court seeks 30 years for disgraced banker

Wednesday, May 28, 2014

The Ha Noi People''s Procuracy yesterday proposed imposing a 30-year jail charge on one of Viet Nam''s top banking tycoons, Nguyen Duc Kien, for his role in a multi-million dollar scandal uncovered last year.

Corruption trial resumes

Wednesday, May 21, 2014

The Ha Noi People''s Court yesterday resumed the trial of Nguyen Duc Kien, former vice chairman of the founding council of the Asia Commercial Bank (ACB), and his eight co-defendants on charges of corruption.

Banks are under investigation in ACB case

Monday, Feb 24, 2014

The Security Investigation Agency has begun investigating 22 banks for receiving deposit money from the Asian Commercial Joint Stock Bank (ACB) at interest rates higher than the ceiling level.

Two more former officials prosecuted in ACB bank case

Wednesday, Feb 12, 2014

The Supreme People''s Procuracy of Viet Nam has recently prosecuted two more former officials of the Asia Commercial Bank (ACB) for their violations of banking regulations.

26 banks investigated for violating SBV regulations

Monday, Sep 02, 2013

The Ministry of Public Security has named 26 banks which are being investigated for receiving deposit money from the Asian Commercial Joint Stock Bank (ACB) at interest rates higher than the ceiling level.

Former ACB officials' legal loopholes revealed

Tuesday, Aug 13, 2013

Following a one-year police investigation into the activities of banking tycoon Nguyen Duc Kien, the People''s Police newspaper has outlined how Kien took advantage of loopholes and was powerful enough to direct both the chairman and general director of the Asia Commercial Bank.

Investigation on ACB officials ended

Thursday, Aug 08, 2013

The Police Investigation Agency, under the Ministry of Public Security, has completed its one year investigation of Nguyen Duc Kien, former Vice Chair of the founding council of the Asia Commercial Bank (ACB) and his seven accomplices for charges of illegal trading, misappropriating assets...