VietNamNet Bridge – According to the Ministry of Public
Security, Nguyen Duc Kien was arrested and prosecuted for committing illegal
business.
The arrest of Kien is based on
accusations of illegal business at three companies where Kien is the Chairman,
including the B&B Investment and Trade JS Company, ACB Hanoi Investment JS
Company and Asia Hanoi Investment and Finance Co., Ltd.
Investigators confirmed on August
21 that Kien, former Vice Chairman and Vice Chair of the founding council of
the Asia Commercial JS Bank (ACB), did not involve in running the ACB.
Investigators also said that the
arrest and prosecution against Kien is normal activities of investigating
agencies.
Kien, 48, is the Vice Chairman of
the Vietnam Professional Football JS Company (VPF), Chairman of the Hanoi FC
and the co-founder of many commercial joint stock banks like the Asia
Commercial Bank (ACB), Kien Long Bank, etc.
Kien was born in 1964. He studied
at the Zalkamate Military Technology College in Hungary after graduating from
the University of Military Technology.
After eight years working in the
textile and garment industry, he began investing in the banking sector and
became the Vice Chair of ACB, one of the largest commercial joint stock banks
in Vietnam, at the age of 30.
Kien was named in the list of the
top 100 richest men in the stock market of Vietnam, with around VND805.9
billion (more than $400 million) worth of his shares at ACB. The total value of
ACB shares held by Kien’s family was estimated at VND2 trillion by the end of
2010.
According to ACB’s report 2010,
Kien was not a member of the bank’s management board but he is considered the
major shareholder of many big banks.
Some pictures of Nguyen Duc Kien:
Tuyet Nhung – Mai Anh
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