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Non-Tech : GENI: GenesisIntermedia.com Inc
GENI 11.20-4.6%Oct 30 3:59 PM EDT

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To: PaleskeDrAv who wrote (530)11/23/2009 11:59:40 AM
From: StockDung   of 574
 
Saxena indicted

bangkokpost.com
Saxena indicted
Published: 23/11/2009 at 03:57 PM
Online news: Breakingnews

The prosecution on Monday indicted Rakesh Saxena, former treasury adviser to the Bangkok Bank of Commerce, in the South Bangkok Criminal Court on charges of dishonestly approving a 1,657 million baht loan to Citi Trading Corporation in violation of the Securities and Exchange Act.
The charge states that Mr Saxena and Krirkkiat Jalichandra, the former BBC president, committed the offence between Feb 10 and July 27, 1995.

The court is asked to order the defendant to repay the 1,657 million baht to the BBC.
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