Prosecution and temporary detention of General Director of ACB Bank
According to Petrotimes's private source, on the afternoon of August 22, the Supreme People's Procuracy approved a 4-month temporary detention order for Mr. Ly Xuan Hai, General Director of ACB Bank.
According to newsPetrotimesUpon receipt, Mr. Ly Xuan Hai was prosecuted and temporarily detained to investigate the act of intentionally violating state regulations on economic management causing serious consequences.
Ly Xuan Hai - General Director of Asia Commercial Bank - ACB.
The day before, on the morning of August 21, after "boss" Kien was arrested, Mr. Ly Xuan Hai was invited by the investigation agency to work.
Mr. Ly Xuan Hai has held the position of General Director of Asia Commercial Bank since 2005. He is also a member of the Board of Directors of this bank.
Mr. Ly Xuan Hai was born in 1965 in Hanoi, currently living in Ho Chi Minh City. He has a Master's degree in Economics - Paris Dauphine University - France; PhD in Mathematics - Physics - Belarus State University - Belarus.
With extensive knowledge of the finance and banking sector, leadership ability and quick grasp of industry development trends, Mr. Ly Xuan Hai has made very important contributions to the development of the entire ACB system.
Mr. Ly Xuan Hai's working process:
From 1993 to 1995: Trimex-Moscow Company.
From 1996 to 1997: Deputy Director of Asia Commercial Bank, Hai Phong Branch.
From 1998 to 2002: Director of Asia Commercial Bank, Hai Phong Branch.
From 2004 to 2005: Deputy General Director of Asia Commercial Bank, Chief Financial Officer of Asia Commercial Bank.
From 2002 to 2005: General Director of ACB Securities Company Limited.
From June 2005 to present: General Director of Asia Commercial Bank.
From March 2008 to present: Member of Board of Directors of Asia Commercial Bank.
According to Petrotimes-M
