All Posts Tagged Tag: ‘Asia Commercial Bank’

Nguyen Duc Kien Jailed for 30 Years Due to Fraud

On Monday, a Vietnamese court sentenced Nguyen Duc Kien to 30 years in a state prison for his role in a series of financial scams which robbed people and corporations of more than $1.1 billion – an act which was condemned for “badly affecting the monetary and fiscal policies within the country.” In 1993, Kien founded the Asia Commercial Bank, …

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