Ex-Thai bank adviser sentenced to 10 years and fined $36m
By Thanyarat Doksone in Bangkok | China Daily | Updated: 2012-06-09 08:00
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Rakesh Saxena, a former adviser to the Bangkok Bank of Commerce,arrives for trial in Bangkok, Thailand, on Friday. Saxena was charged in 1996 but fled to Canada, where he was arrested later that year in the British Columbia ski resort town of Whistler. Apichart Weerawong / Associated Press |
A former adviser to a Thai bank has been sentenced to 10 years in prison and ordered to pay $36 million in fines and compensation for embezzlement that helped spark the 1997 financial crisis.
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