Content Preview
Newsday/Optimum Online® subscribers click here for full access
Not a Newsday or Optimum Online® subscriber? Click here
Thai court charges banking scandal suspect Saxena
BANGKOK (AP) — A former adviser to a Thai bank whose failure helped spark the 1997 Asian financial meltdown was formally charged Monday in connection with embezzling almost $50 million.
The Thai attorney-general's office announced it had charged Rakesh Saxena with violating four securities law statutes by facilitating a bad 1.66 billion baht loan in 1995.
Saxena, 57, was sent back to...
newsday.com is now available at no charge to Newsday and Optimum Online® subscribers. To continue reading, please log in or register now.
-
Already
registered on
newsday.com?
log in -
Already a subscriber
to Newsday or
Optimum Online®?
get access -
Not a Newsday
or Optimum Online®
subscriber?
click here
