In 2011, Nguyen Duc Kien was considered one of Vietnam’s richest and most powerful businessmen. The co-founder of Asia Commercial Bank (ACB) and the deputy chairman of the Vietnam Professional Football company, Kien was a well-respected figure.
A year later, this high-flyer experienced a fall from grace. In August 2012, he was arrested on suspicion of ‘economic violations’ relating to a number of dubious-looking investments and business ventures that he had been involved in.
In July this year, Kien was additionally charged with tax evasion.
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