The board of the Klongchan Credit Union Cooperative, which is embroiled in a 12-billion-baht embezzlement scandal, is likely to be removed soon, the Department of Special Investigation (DSI) says.
DSI chief Tarit Pengdith said he has received a letter from the Agricultural Cooperatives Ministry. It has ordered the Cooperative Promotion Department director-general to remove the cooperative's board and freeze any transactions related to the credit union's operation that may cause financial damage to members.
The Cooperative Promotion Department director-general is expected to act in his capacity as the registrar of cooperatives.
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