Home > Business > Amaret officially charged

  • Print
  • Email

Amaret officially charged

Former Financial Sector Restructuring Authority Chairman Amaret Sila-On was yesterday officially informed of the charges by the Department of Special Investigation (DSI).



Amaret was charged of malfeasances related to the FRA's sale of residential loans to Lehman Brothers. If convicted, he could face 1-10 years of imprisonment or Bt2,000-Bt20,000 fine, or both.

 A DSI official said Amaret will submit his written testimony on July 25.

 Amaret, on his appearance at the DSI's office, declined to answer any questions.

- The Nation


OTHER BUSINESS


  • TFEX contracts reach a record high

    Tuesday, which saw a 10-year-high on the SET Index, also marked a record for the two-year-old Thailand Futures....
  • Challenge to verdicts

    Ailing Picnic Corp has appealed civil court verdicts requiring the company to settle Bt510 million in debts.

Advertisement {literal} {/literal}
{literal}

{/literal}

Search Search

Privacy Policy (c) 2007 www.nationmultimedia.com Thailand
44 Moo 10 Bang Na-Trat KM 4.5, Bang Na district, Bangkok 10260 Thailand Tel 66-2-325-5555, 66-2-317-0420 and 66-2-316-5900 Fax 66-2-751-4446
Contact us: Nation Internet
File attachment not accepted!