The Hanoi People’s Court on June 23 said it has received an appeal lodged by Nguyen Duc Kien, former vice chairman of the founding council of the Asia Commercial Bank (ACB), against the first instance verdict issued for him two weeks earlier.

Kien, who was born in 1964 and resides in Quang An ward, Tay Ho district, Hanoi , appealed against all the verdict and the punishment handed down on him.

On June 9, the court sentenced Kien to 30 years’ imprisonment for four offences – swindling for the appropriation of assets, intentional violations of the State’s economic management regulations causing serious consequences, tax evasion and illegal trading.

Three others: ACB former General Director Ly Xuan Hai, former ACB Vice Chairman Trinh Kim Quang and the bank’s former board member Huynh Quang Tuan, have filed appeals against their previous sentences in Kien’s case.

Hai was sentenced to eight years in prison, while Quang and Tuan received four years and two years behind bars, respectively, for the charge of intentionally violating the State’s economic management regulations causing serious consequences.

According to the law, June 24 is the deadline for appeals from four others in Kien’s case, namely former ACB Vice Chairpersons Le Vu Ky and Pham Trung Cang, and Tran Ngoc Thanh and Nguyen Thi Hai Yen, former Director and Chief Accountant of Hanoi ACB Investment JSC.-VNA