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Court delays ruling on failed Bangkok, Thailand, bank.
Byline: Parista Yuthamanop
Oct. 1--The Southern Criminal Court yesterday agreed to delay a ruling on a number of suits involving the failed Bangkok Bank of Commerce.
Krirkkiat Jalichandra, a former BBC president and a defendant in the case, had petitioned for a delay after having heart surgery.
Mr Krirkkiat is facing charges of violating the Commercial Banking Act by failing to take corrective action in 1996 when directed to do so by the Bank of Thailand.
Other charges involving Mr Krirkkiat and other former BBC executives involve allegations of fraud of 1.65 billion baht. The suits were filed by prosecutors in 1997 and 1998.
...- Court delays ruling on failed Bangkok, Thailand, bank.
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Source: HighBeam Research, Court delays ruling on failed Bangkok, Thailand, bank.