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Wed, February 28, 2007 : Last updated 13:54 pm (Thai local time)



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Home > Politics > AEC queries share buyers





AEC queries share buyers

The Assets Examination Committee yesterday summoned a shareholder of How Come Entertainment Co over Krung Thai Bank's extension of a Bt17.6-million loan to the company's employees to buy Airport of Thailand (AOT) Plc shares.

Tassanawalai Ongartsithicha, or "Hana", a friend of Panthongtae Shinawatra, was questioned about 21 cheques worth Bt17.6 million given to How Come's staff.

The AEC found the AOT gave 22 million shares to benefactors. It also found Krung Thai Bank extended loans to reserve the right to buy 420,000 AOT shares by issuing cheques to How Come's staff. They suspect the company workers were used as nominees.

Tassanawalai said the staff had the right to buy and sell shares like anyone else. She urged the AEC not to link the share purchase to politics, or she might see it as harassment.

Meanwhile, former Bank of Thailand governor MR Chatu-mongol Sonakul gave a statement to the AEC regarding the land purchase by Khunying Pojaman Shinawatra. AEC member Udom Fuangfung said Chatumongol gave useful information about the role of the Financial Institution Development Fund. - The Nation







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