Disgraced Vietnam bank tycoon hit with new charges

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Malaysia Chronicle - 9/19/12

Disgraced Vietnam bank tycoon hit with new charges

HANOI - Vietnamese police said Tuesday they were pursuing more serious charges against one of the country's top banking tycoons, whose arrest last month sent a shockwave through the nation's financial markets.

Multi-millionaire Nguyen Duc Kien is now under investigation for "deliberate wrongdoing causing serious consequences" and "fraudulence", according to a statement from the Ministry of Public Security.

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