Klongchan Credit Union board sacked
- Published: 10 Oct 2013 at 09.06
- Online news:
The Cooperative Promotion Department chief has sacked the entire Klongchan Credit Union Cooperative board which is accused of defrauding its members out of billions of baht.
Somchai Charnnarong, director-general of the department, signed the order on Tuesday to fire all 13 members of the board chaired by Supachai Srisupa-aksorn.
The board was allegedly involved in embezzling 12 billion baht from cooperative members.
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