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Four or Five Thai Asset Management Corp Cases to Come Under Probe.

Bangkok Post (Bangkok, Thailand)

| October 01, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Wichit Chantanusornsiri

Oct. 1--Directors of the Thai Asset Management Corporation will launch an investigation into four or five restructuring cases suspected of violating agency or government regulations.

Finance Minister Suchart Jaovisidha declined to offer details on the cases under investigation. TAMC chairman Chao Saichua is overseeing the cases.

"I'm not certain when the cases came before the National Counter-Corruption Commission. But I agree with the decision to launch an investigation, in the interests of fairness for all parties," Mr Suchart said.

TAMC managing director Somjate Moosirilert denied knowledge of the ...

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Source: HighBeam Research, Four or Five Thai Asset Management Corp Cases to Come Under Probe.

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