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Two senior Finance Ministry officials under suspicion for insider trading


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The directors-general of the Treasury and Comptroller-General departments are suspected of involvement in insider trading, in violation of the code of conduct of the Finance Ministry, in connection with the purchase and sale of the shares in Bangchak Corporation.

 

The suspicion was raised by the Securities and Exchange Commission (SEC) in a report to the Finance Ministry, regarding the purchase and sale of Bangchak shares by Chamroen Phothiyod, director-general of Treasury Department, and Kulaya Tantitemit, director-general of the Comptroller-General Department.

 

Both Chamroen and Kulaya are members of the board of Bangchak, representing the Finance Ministry, and reportedly had access to details of talks between Bangchak Corporation and Exxon Mobile to acquire stakes in Esso (Thailand) Public Company, a subsidiary of Exxon Mobile, by Bangchak.

 

Full Story: https://www.thaipbsworld.com/two-senior-finance-ministry-officials-under-suspicion-for-insider-trading/

 

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-- © Copyright Thai PBS 2023-02-17
 

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1 hour ago, Dave0206 said:

Why not add Kelly loafler to your list? Neither party is interested in cracking down on their own stock deals. But some make others look like amateurs 

Kelly Loeffler apparently lost her CFA designation after her pandemic related insider trading

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and they couldn't come up with a better word then '"under suspicion"", crooks always be crooks and in Thailand there's one at every government related agency

 

 

crook
/krʊk/

2. a person who is dishonest or a criminal:

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