Former Bank of Thailand governor cleared of Asian financial crisis charges
Rerngchai Marakanond has been cleared of charges related to actions he took during the Asian financial crisis as governor of the Bank of Thailand.
Thailand's Supreme Court on October 5 upheld the ruling of a lower court, deeming Rerngchai not to have acted improperly, according to the Bangkok Post. The Supreme Court did not immediately respond to a request for comment.
The case was brought in 2001 after Rerngchai – among other policy-makers – decided to use the central bank's reserves to defend
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on Accountability
Fed inspector says FOMC should look at extending trading rules
Internal watchdog also finds shortcomings in enforcement and review
IMF code drives reform of central bank transparency
Dmytro Solohub says pilots of new transparency code have already fostered change
Vietnam cuts rates after PM demands real estate action
SBV cuts rates as property developers face growing debt problems
Chicago Fed used search firm that employed Goolsbee’s wife
Board says it was aware of Robin Goolsbee’s employment
Former Malta deputy governor wins libel case
Alfred Mifsud wins €1,000 from Daphne Caruana Galizia, who was murdered in 2017
Tonga names new governor
Moeaki takes up role after disqualification from parliament for bribing voter
Brazilian financial intelligence unit moves from central bank
President gives finance ministry control of unit but leaves its powers unchanged
ECB adopts new ethics rules on trading
New rules ban holding of individual equities, similar to Fed reforms