Rakesh Saxena
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Rakesh Saxena
Rakesh Saxena (born 13 July 1952, at Indore, Madhya Pradesh, India) is an Indian convicted criminal, financier and trader in the derivatives market. He is accused of embezzlement in the 1990s from his work as treasury adviser to the Bangkok Bank of Commerce (BBC) and is widely reputed to have been engaged in dozens of high risk ventures and deals throughout the world over the previous three decades. In October 2009, he was deported to Thailand after fighting the longest extradition battle in Canadian history, which lasted 13 years. In June 2012 Saxena was jailed for 10 years by Bangkok South Criminal Court, and ordered to pay US$41 million in fines and compensation, after being convicted five counts of securities fraud between 1992 and 1995. Early years Rakesh Saxena was born 13 July 1952 in Indore, Madhya Pradesh, India. As a child he studied in England, because his mother was an international lawyer. He later lived in New Delhi, India and studied at St Columba's School, ...
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Indore
Indore () is the largest and most populous Cities in India, city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and is the only city to encompass campuses of both the Indian Institute of Technology Indore, Indian Institute of Technology and the Indian Institute of Management Indore, Indian Institute of Management. Located on the southern edge of Malwa, Malwa Plateau, at an average altitude of above sea level, it has the highest elevation among major cities of Central India. The city is west of the state capital of Bhopal. Indore had a census-estimated 2011 population of 1,994,397 (municipal corporation) and 3,570,295 (urban agglomeration). The city is distributed over a land area of just , making Indore the most densely populated major city in the central province. Indore is the cleanest city in India according to Swachh Survekshan Report 2022 sixth time i ...
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Bank Of Thailand
The Bank of Thailand (BOT) ( Abrv: ธปท.; th, ธนาคารแห่งประเทศไทย, ) is the central bank of Thailand. History The Bank of Thailand (BOT) was first set up as the Thai National Banking Bureau. The Bank of Thailand Act was promulgated on 28 April 1942 vesting upon the Bank of Thailand the responsibility for all central banking functions. The Bank of Thailand started operations on 10 December 1942. The Bank of Thailand Act, B.E. 2485 was later amended in order to put emphasis on its social responsibility, to create a mechanism to guard against economic crisis, as well as to set up its decision making process to ensure good governance and transparency in the organization. The Bank of Thailand Act, B.E. 2551 came into force on 4 March 2008. Roles and responsibilities The Bank of Thailand's mission is to provide a stable financial environment for sustainable economic growth in order to achieve continuous improvement in the standard of li ...
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