Ministry to probe executives’ BCP shares

Case to proceed if irregularities found

The Finance Ministry will investigate whether it was unethical for two of its senior executives to receive shares offered to them by SET-listed Bangchak Corporation Plc (BCP) under the company’s employee stock ownership plan (Esop), said a ministry source who requested anonymity.

The source added that the ministry’s permanent secretary Krisada Chinavicharana has ordered Treasury Department director-general Chamroen Phothiyod and the Comptroller General’s Department’s director-general Kulaya Tantitemit to make written reports of their share transactions and submit them to the ministry.

Mr Chamroen remains on Bangchak’s board while Ms Kulaya has resigned from the board.

The ministry will proceed further if it found irregularities in the case, the source added.

The ministry has stipulated ethical…