Former Bank of Thailand governors face prosecution

- Central Banking staff
- 11 May 2001

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According to Thailand's deputy finance minister, senior former officials from the Bank of Thailand my soon face prosecution for their role in the 1997 currrency crisis.

Deputy Finance Minister Varathep Rattanakorn was commenting on the progress of a finance ministry investigation considering the civil liability of former central bank governors accused of failure to defend the baht. He indicated that the investigating panel will conclude its probe by the end of this month, after which legal

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