As the public awaits clarity on the formation of a new government, investor confidence is trying to rebound from the plunge caused by alleged fraud at Stark Corporation.
The case involved a large number of shareholders, bondholders and creditors, with an estimated loss of 100 billion baht.
The scandal highlights the ineffective supervision of stock market regulators in acknowledging potential fraud and curbing damage in a timely manner, said analysts.
The Finance Ministry assigning related agencies to speed up the investigation and the Department of Special Investigation’s (DSI) agreement to initiate a probe on wrongdoing…
