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Apr. 4--Krung Thai Bank is reviewing possible penalties and sanctions to be levied against bank executives for possible complicity in approving bad corporate loans.
President Apisak Tantivorawong said the bank's audit committee had completed its report into 12 corporate loan accounts singled out by regulators for action last year.
Mr Apisak said he was now in the process of evaluating appropriate penalties, ranging from a simple warning to dismissal.
"We are trying to complete this investigation quickly. The internal investigation has been completed, which we are reviewing now," he said Friday, adding that the investigation included senior ...