in 2004 there was high tension between the BOT and the Ministry of finance over the reappointment of Viroj Nualkhair as the president of Krung Thai Bank a state-owned bank that is also thailand largest commercial bank the BOT alleged that krung thai bank imprudently lent 46 billion baht (about $us1.1 billion) in the second quarter of 2001 and that Viroj should be held accountable for this lapse and blocked his reappointment to a second terms the minister