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Thailand: Panthongtae found guilty of violating security regulations, but Ms. Pinthongta cleared of the charges.
(From Thai Press Reports)
Section: General News - The Securities and Exchange Commission (SEC) has found Mr. Panthongtae Shinawatra guilty of not reporting share sale and not submitting documents, while his sister, Ms. Pinthongta, has been acquitted of the charges.
The Secretary-General of the SEC, Mr. Teerachai Puwanartnaranuban, concluded the inspection of Shin Corp's share deal yesterday, saying that the process was delayed as the SEC needed to check information from abroad. He said that the SEC has carried out inspections carefully and was neutral in inspection. He said that the inspection found that Ms. Pinthongta was not guilty of the charges, as she …
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