Thai PBS chief quits
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Krisda Rueangareerat, a director of Thai PBS, Wednesday resigned after he has come under mounting criticism and pressure regarding to an investment in debentures from Charoen Pokphand Foods (CPF).
The controversial investment has raised the public concerns whether the compromise integrity and good governance of the public broadcaster.
Before his departure , the Thai PBS announced ending its investment in CPF.
Earlier, the Thai PBS subscribed CPF’s debentures worth Bt200 million.
Kritsda announced his resignation during an emergency meeting of the station's policy committee for reviewing the controversial investment.
