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Charges dropped against ex-KTBST chair
Bangkok Post
|July 16, 2025
Win Udomrachtavanich, the former executive chairman of KTB Securities (Thailand) (KTBST), has been officially cleared of all stock manipulation charges in a case filed by the Securities and Exchange Commission (SEC) nearly two years ago, after the Economic Crime Suppression Division (ECD) issued a final non-prosecution order.
In a statement released to the media and via his personal Facebook page, Mr Win said he had received an official notice from the ECD indicating that the case related to the trading of Thai Enger Holding (TIGER), originally filed by the SEC in September 2023, would not proceed to prosecution.
"Both the police and the public prosecutor unanimously agreed not to indict. This decision brings the matter to a final close," Mr Win said.
This story is from the July 16, 2025 edition of Bangkok Post.
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