Central judicial leaders have met and agreed before police arrested bank
tycoon Nguyen Duc Kien, said a senior investigator who added that the police
received orders from the Prime Minister.
“Police are vigorous in getting
rid of worms in the banking sector”, read one article published in Vietnamese
on chinhphu.vn, the official website of the Vietnamese government.
This article includes an
interview with Colonel Nguyen Duc Thinh, head of the Economic Police Department
under the Ministry of Public Security.
Colonel Thinh told chinhphu.vn
that the arrest came after police received many denunciation letters telling
about the violation of Kien’s three companies.
Thinh added that all such
accusations were then reported to the Minster of Public Security Tran Dai Quang
and deputy minister Pham Quy Ngo.
Thinh told chinhphu.vn that
“before the arrest of Kien, leaders of the central judicial sector have met and
agreed. The process of arresting Kien and searching his house was in compliance
with the law. We have reported the matter to the Prime Minister [Nguyen Tan
Dung] and received orders from the Prime Minister”.
He added that the announcements
of the police and of the State Bank of Vietnam governor are very clear: Kien
committed economic crimes in the three companies of which he is chairman. He is
not involved in the management of ACB.
When asked if he suffered any
pressure in the investigation because Kien is very influential in society,
Thinh replied that everyone is equal before the law so they are under no pressure.
“We abide strictly by the
regulations of the criminal prosecution law”.
As earlier reported, one of
Vietnam’s most powerful tycoons Nguyen Duc Kien - a household name in the
financial market and football sector - was arrested Monday evening over charges
of engaging in illegal business, sending shockwaves across the country.
The multi-millionaire Kien is
co-founder of Asia Commercial Joint Stock Bank (ACB), one of Vietnam’s largest
banks. He is currently one of the richest persons in Vietnam. Just three days
after his arrest, the Vietnamese stock market lost US$3.85 billion.
TUOITRENEWS
Business & Investment Opportunities
YourVietnamExpert is a division of Saigon Business Corporation Pte Ltd, Incorporated in Singapore since 1994. As Your Business Companion, we propose a range of services in Strategy, Investment and Management, focusing Healthcare and Life Science with expertise in ASEAN. We also propose Higher Education, as a bridge between educational structures and industries, by supporting international programmes. Many thanks for visiting www.yourvietnamexpert.com and/or contacting us at contact@yourvietnamexpert.com
No comments:
Post a Comment