Prosecutors file charges against ex-Thai c bank

THAILAND - Prosecutors filed charges Wednesday against a former central bank chief for losses of 185.9 billion baht ($4.2 billion) in defending the baht against massive speculative trading in 1997 that plunged the country into financial crisis.

The Bank of Thailand (BOT) determined last week that Rerngchai Marakanond was "gravely reckless" in depleting the country's foreign reserves to defend the baht in the crisis and asked prosecutors to file charges against him.

Special prosecutor Paradon Sr