SEC lays charge against fund manager
- Published: 15 Feb 2013 at 17.13
- Online news: Local News
The Securities and Exchange Commission (SEC) has filed a criminal complaint against Sopana Janeborvorn, a former mutual fund manager responsible for the operations of Kasikorn Asset Management Co (K-Asset) and SCB Asset Management Co (SCBAM), as well as the equity funds managed by both companies.
Evidence indicated that she had performed her duty dishonestly in order to obtain unlawful gains for the benefit of herself and others , in violation of Section 311 of the Securities and Exchange Act B.E. 2535 (1992),the SEC said in a statement released Friday.
Phra Suthep Arpassaro (Panpai) and Vachala Pisitsak were also named in the complaint as aiders and abettors.
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