SEC orders IFEC boss removal
The Securities and Exchange Commission (SEC) has ordered the dismissal of Inter Far East Energy’s (IFEC’s) chief executive on grounds of insider trading and refusal to acknowledge a civil sanction.
Earlier, the market regulator ordered former chief executive Suphanan Rittiphairoj and former director Thanawat Chansuwan to pay civil fines and compensate damages worth a combined 25.86 million baht.
