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Southern Bank’s board chairman detained for murder

The police arrested the board chairman of Ho Chi Minh City-based Southern Bank on Monday on charges of “threatening to murder,” the local media reported yesterday.
Le Anh Kiet allegedly planned a murder scheme due to “internal conflicts within the bank,” Tuoi Tre newspaper quoted a police source as saying. He was transferred to Hanoi for investigation.

A representative of the Southern Bank told a press conference on Tuesday that Kiet’s arrest had nothing to do with the bank.

Established in 1993, the Southern Bank’s total properties are now worth over VND18 trillion (US$1.12 billion).

 

Source: Tuoi Tre, Sai Gon Giai Phong

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