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Thu, December 29, 2005

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BANGKOK BANK OF COMMERCE: Krirk-kiat gets 20 years, Bt18-bn fine for BBC fraud

Former president of collapsed bank found guilty of embezzlement, 3 other execs get jail; expected to appeal. The Criminal Court yesterday found Krirk-kiat Jalichan-dra, the former president of the now-defunct Bangkok Bank of Com-merce, guilty of embezzling Bt2.5 billion from the bank.

The house likely to haunt Suvarnabhumi authorities

Tales of evictions and a dead body at deserted home registered as residence of Frobisher major shareholder. It looks more like a haunted house than the registered residence of someone who owns half the shares in a company that has won a lucrative ground-services deal at Suvarnabhumi Airport.

‘Just swipe it’ Supanee guilty of embezzlement

MR Supanee Sarasin Diskul, the television presenter for Siam Commercial Bank, has created a popular catch phrase for the bank’s privilege-class Platinum Card: “Just swipe it.” In the commercial, she does just that to show there is practically no financial limit to the spending power of the Platinum Card.