Vietnamese tycoon, former football boss sentenced to 30 years in prison for financial crimes
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A Vietnamese court has sentenced one of the country's richest men to 30 years in prison after convicting him of financial crimes.
Nguyen Duc Kien, a flamboyant businessman who also headed the Hanoi ACB football club, was arrested in 2012 as part of what was seen as the fall out of a power struggle among Communist Party leaders.
A Hanoi court sentenced Kien on Monday after finding him guilty of millions of dollars of fraud at investment companies he ran.
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Kien was the director of Asia Commercial Bank, one of the Vietnam's largest. His arrest triggered a run on the bank's deposits and highlighted concern about the weak state of Vietnam's banking sector.