Showing 1 - 6 of 6
FRA heads get two years for asset sale
News, Post Reporters, Published on 27/08/2016
» The Supreme Court yesterday handed down a two-year suspended sentence to the heads of the now-defunct Financial Sector Restructuring Authority (FRA) for malfeasance in connection with the agency's sale of assets after the 1997 financial crisis.
Suspended jail term for Amaret in Lehman case
Online Reporters, Published on 26/08/2016
» The Supreme Court has sentenced Amaret Sila-On, a former commerce minister, to two years in jail, suspended for three years, and a 20,000-baht fine for malfeasance involving auctions of bad assets following the 1997 financial crisis.
Court annuls FRA tax dodge convictions
News, Published on 18/06/2014
» The Appeal Court yesterday overturned negligence and malfeasance convictions against the heads of a now-defunct asset liquidation panel set up to sell bad assets after the 1997 financial crisis.
Appeal court dismisses Amaret case
Online Reporters, Published on 17/06/2014
» The Appeal Court has dismissed the case in which the head of the now-defunct asset liquidation panel set up to sell bad assets after the 1997 financial crisis was found guilty of negligence and malfeasance.
Former fra executives found guilty over tax free mutual fund structure
Business, Lawalliance Limited Company, Published on 25/09/2012
» The Criminal Court has just issued a long-awaited ruling in relation to the first tranche of sales of distressed assets in the history of Thailand after the 1997 financial crisis.
Former FRA bosses given suspended prison terms
News, Published on 18/09/2012
» The former chairman of the Financial Sector Restructuring Authority (FRA), Amaret Sila-On, and former FRA secretary-general Vicharat Vichitvadakan have received two-year jail sentences for malfeasance in the agency's sale of assets from 56 defunct finance companies.