Tuesday, 21 August 2012


Vietnam Arrests Banking Tycoon, Bank Shares Fall

Banking tycoon Nguyen Duc Kien 

Story reposted from Reuters.com 

HANOI | Tue Aug 21, 2012 2:35am EDT 

HANOI Aug 21 (Reuters) - Vietnamese police have arrested a banking tycoon and summoned another senior executive for questioning, state media said on Tuesday, reigniting concern over Vietnam's fragile banking industry. Nguyen Duc Kien, the well-known multimillionaire founder of Asia Commercial Joint Stock Bank, was accused of wrongdoing in connection with three private firms, state-run Vietnam Television quoted the Police Ministry as saying in a statement. ACB is 15 percent owned by Standard Chartered Plc. 

The charges, the ministry said, did not relate to business at ACB, one of Vietnam's largest banks. But shares in the Ho Chi Minh City-based bank tumbled nearly 7 percent, pushing the broader stock market index down nearly 5 percent. 

Police also summoned a senior ACB executive for questioning on Tuesday, the official news website VNExpress reported. 

The news rekindled concern over a banking industry strained by four years of high inflation, tumbling asset prices and ties to a state sector plagued by red ink, corruption and cronyism. An ACB official declined to comment on the matter, noting that Kien holds less than 5 percent of ACB shares. Police Ministry officials were not immediately available. 

Kien, 48, a public figure in Vietnam, is deputy chairman of the Vietnam Professional Football Joint Stock Co, which runs Vietnam's top-tier professional football league. He is also chief executive of Hanoi-based Asia Financial Group Joint Stock Co, ACB said in its annual report for 2011. A National Assembly committee is scheduled to question State Bank of Vietnam Governor Nguyen Van Binh later on Tuesday over the banking sector's bad debt. 

Stocks in other publicly listed banks such as Vietnam Export Import Commercial Joint Stock Bank (Eximbank) and Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) also fell. (Reporting by Ho Binh Minh; Editing by Jason Szep and Robert Birsel)

As channeled through Greg Giles

Website: Ascension Earth 2012

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To Gregg,

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For all these years of Friendship,
Guidance and Enlightment.

Ascension Earth 2012

Farewell from Ascension Earth!

I would like to extend a heartfelt thank you to each and every one of you for visiting Ascension Earth over the past few years and making this site, what I consider, such a wonderful and very surprising success since my first post way back in January of 2011. I never dreamed this site would receive just shy of 10 million page views since then, and I want to thank you all again for stopping in from time to time for a visit. I hope you have found some of the content interesting as well as educational, and I want everyone to know that I only shared content I believed to be factual at the time of publication, though I may have reached differing understandingsconcerning some of the subject matter as time has past. All of the content that has been shared here at Ascension Earth was shared with the goal of provoking contemplation and conversation, leading to a raising of consciousness, an ascension of consciousness. That's what ascension is to me.

I have made a decision to move on from here, but I will always remember and always cherish the friendships I have made along this twisting journey since launching this site, what feels like a lifetime ago now. I wish all of you the greatest success in each and every endeavor you shall undertake, and I hope each of you are graced with peace, love & light every step of the way as you continue your never ending journey through this incredibly breathtaking and ever mysterious universe we share together.


Morgan Kochel says:

Conversation with
A Man Who Went to Mars
by Morgan Kochel

…And there you have it! This was the end of our discussion about the Mars mission, but I have remained in touch with Chad. At this point, I hope to be able to convince him to do a video or TV interview, but of course, there will be more than a few obstacles to overcome, the main one being that he may currently be in some danger if he goes public.

Furthermore, there is always the barrier of peoples' understandable skepticism.

As I said in the beginning, I cannot verify this story for anyone, nor is my intent to convince anyone of its veracity. My goal is only to help him get his story heard, because if this story IS true, the people of this planet are being lied to on a grand scale, and perhaps this will eventually help the UFO Disclosure Movement. It's time for the lies to be uncovered, and time for the truth -- whatever that may be -- to be known once and for all.

a man



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Please Sign Disclosure Petition VI - the Citizen Hearing

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February 7, 2013 - 7:00pm EST

February 7, 2013 - 7:00pm EST