Rakesh Saxena Arrives in Thailand
Daily Photos from Thailand
Saturday 31st October, 2009 at 02:23:00| Words: 158 words | Category: News Photos

Fugitive Thai banker Rakesh Saxena is escorted by Thai police officers at the Crime Suppression Division office in Bangkok October 31, 2009. Rakesh returned to Thailand after the Supreme Court of Canada rejected his latest appeal against extradition. Saxena, 57, was charged by Thai police in 1996 with helping to embezzle about $88 million from the former Bangkok Bank of Commerce, where he served as a senior advisor. (Reuters)

Rakesh Saxena arrives at the Crime Suppression Division police unit in Bangkok on Saturday Oct 31 2009. A fugitive former adviser to a Thai bank whose failure caused a crisis of confidence that helped spark the 1997 Asian financial meltdown arrived Friday night in Bangkok after his extradition from Canada. Saxena, 57, had staged one of the longest extradition battles in Canadian history to avoid being sent back to face charges he helped embezzle $88 million from the Bangkok Bank of Commerce, which collapsed in 1995. The bank had about $3 billion in bad debt when it was shut down. (AP)
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