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BIDV’s deputy general director arrested   2010-02-03 - VietNamNet/TT

The Hanoi Police on February 2, 2010 arrested Doan Tien Dung, 1956, deputy general director of the state owned Bank for Investment and Development of Vietnam (BIDV) for receiving bribes.


Prior to that, Doan Tien Dung had been caught red-handed receiving a large sum of bribery money from a business. According to Tuoi tre newspaper, the bribery sum was nearly one billion dong. After that, the police urgently searched Dung’s office and accommodation.


The searching finished at 5 pm on February 2 when a number of documents were seized.


BIDV’s leaders have declined to give any more information or make further comment on the case. Meanwhile, a leader of the Hanoi Police said that the investigation has just begun and no further information could be made public.


Doan Tien Dung has a civil engineering university degree and masters degree in banking. He joined the banking sector in 1987. In September 2008, Dung was appointed as deputy general director of BIDV. Prior to that, Dung was director of BIDV Hai Phong Branch


Also on February 2, the Hanoi People’s Procuracy approved an arrest warrant for Tran Thi Gai, 1962, the former acting director the Thanh Xuan second class branch of Phuong Nam Joint Stock Bank for betraying trust of appropriate assets. Gai has been accused of taking unfair advantage of the Acting Director of the bank branch to borrow money before running away.

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