The Supreme Court's Criminal Division for Persons Holding Political Positions on August 30 acquitted former prime minister Thaksin Shinawatra of malfeasance over allegedly influencing the approval of a huge Krungthai Bank (KTB) loan to property giant Krisda Mahanakorn. The court also withdrew the arrest warrant for the 70-year-old fugitive. 

TWO FORMER top executives of state-owned Krungthai Bank were each sentenced to 18 years in jail yesterday for approving a questionable loan worth Bt8 billion to a property company.