Former police chief plays down "my job as a cop was just a sideline" comment

[Rhys]

Leadership 101...55555

[fxe1200]

3 hours ago, smedly said:

This is a classic case of someone in power using that power and influence to cover up their criminal activities, for Thailand it is not a first and won't be the last, I am pretty sure there are thousands just like him both past and present.

I remember, shortly after he took over  the Koh Tao double murder case, he bought shares  for 7.500.000 THB. I can imagine, where that money came from.

shares.pdf

[Happyman58]

Dont worry there are many police like him in high places who consider their job as a sideline. They consider them selves more like lets say " business entrepreneurs" The catch phrase  for these so called cops is " The money oops sorry the grass is always greener on the other side"

[TallGuyJohninBKK]

5 hours ago, Sir Dude said:

Maybe the authorities can check you are all paid up on the income tax front then with all that money you made on the "stock market." 

 

Is there a stock market and stock issued these days in Thailand in selling prostitution/prostitutes???

[Mattd]

10 minutes ago, fxe1200 said:

I remember, shortly after he took over  the Koh Tao double murder case, he bought shares  for 7.500.000 THB. I can imagine, where that money came from.

shares.pdf

If what you posted is correct, he actually bought 7.5 Billion shares at the cost of 208,333,333.333 Baht?

 

Mr.Somyot Poompanmoung 7,500,000,000 Shares at 0.036 Baht per share.

Edited February 10, 2018 by Mattd

[Tilacme]

Thiefdom

[GLewis]

Simply have a new interrogation with a competent and trained interrogation expert. Just pick him up and start. Please describe the beginnings of your stock portfolio? Pull out an Ipad or phone and log on to the SET and let him show how he traded? The guy would break or implicate himself very quickly.  Now are the police willing to let go of one of their own to be a rare scapegoat?  

 

Bottom line is he knows exactly where the money came from and its not stocks. He will slip up for sure. Not the sharpest tool in the shed already.

[simtemple]

4 hours ago, Oziex1 said:

Would not be a good look for the Australian company if asked why this guy was on the board and what services or expertise he provided.

Akira needs to be investigated too.I doubt whether any company is very high on the honesty scale. 

[thailand49]

Corruption 101:

Look straight into the camera and tell your lie.

I guess when you say it or believe it so long it becomes the truth the whole truth and nothing but the truth.

[TallGuyJohninBKK]

45 minutes ago, fxe1200 said:

I remember, shortly after he took over  the Koh Tao double murder case, he bought shares  for 7.500.000 THB. I can imagine, where that money came from.

shares.pdf

 

That entity seems to have become a new name of Polaris Capital thereafter....

 

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=11235327

 

And at present seems to be potentially facing SET delisting for not having submitted required financial statements on time.

 

And yet if you look at the current major shareholders, his name doesn't seem to be listed.

 

https://www.set.or.th/set/companyholder.do?symbol=POLAR&ssoPageId=6&language=en&country=US

 

So presumably he took his money and got out somewhere along the way.

 

And the stock doesn't seem to be actively trading any time lately:

 

https://marketdata.set.or.th/mkt/stockquotation.do?symbol=POLAR&ssoPageId=1&language=en&country=US

 

And their website seems to have been taken down.

 

 

 

 

 

[xylophone]

1 hour ago, ratcatcher said:

Yes!

"The country's national police chief, General Somyot Poompanmoung, has said the suspects face charges of murder, rape and theft."

http://www.telegraph.co.uk/news/worldnews/asia/thailand/11138636/Koh-Tao-murders-Thai-police-make-suspects-reconstruct-murder-of-British-tourists-David-Miller-and-Hannah-Witheridge.html

Once the original police chief, whose main suspect was "connected", was replaced, the investigation moved on to a couple of scapegoats.............would bet that a tidy sum changed hands, perhaps part of his unusual wealth!!

[capasso]

ah ah ah and we are having problems when we are 2 days late on our visa

[TallGuyJohninBKK]

Our former police chief also seems to have popped up in mid-2014 ostensibly buying

855 million baht worth shares in a private placement with another real estate development company:

 

https://www.set.or.th/set/newsdetails.do?newsId=14052960034350&language=en&country=US

 

 The details are as follow.
1.    Number of the private placement that have been allocated for this.
Sequence.    Name List    Number of shares    Price Per share    Total amount
1 Mr.Nirandr Heatrakul    1,000,000,000  0.342    342,000,000

2 Police General Somyot Poompanmoung  2,500,000,000    0.342    855,000,000
Total    3,500,000,000    0.342    1,197,000,000

Number of the investor's shareholding is not eligible for the tender offer.
2.    The details of both investors which company has received the following 
information from investors.
2.1     Mr.Nirandr Heatrakul
Address:    35 Soi Phiphatt, Silom District, Bangrak, Bangkok
Occupation:   Private Practice
Publication Business, Public Printing House
     2.2     Police General Somyot Poompanmoung
Address: 48 Soi Chok Chai 4, Ladprao District, Ladprao,
Bangkok 10230
Occupation: Police, Advisor (Level 10), Security and Special Tasks

[Zack61]

8 hours ago, rooster59 said:

"my job as a cop was just a sideline"

Pretty much sums it up for most who hold positions of power. 

Not just a sideline but an opportunity to get rich quick. 

[smutcakes]

3 minutes ago, TallGuyJohninBKK said:

Our former police chief also seems to have popped up in mid-2014 ostensibly buying

855 million baht worth shares in a private placement with another real estate development company:

 

https://www.set.or.th/set/newsdetails.do?newsId=14052960034350&language=en&country=US

 

 The details are as follow.
1.    Number of the private placement that have been allocated for this.
Sequence.    Name List    Number of shares    Price Per share    Total amount
1 Mr.Nirandr Heatrakul    1,000,000,000  0.342    342,000,000

2 Police General Somyot Poompanmoung  2,500,000,000    0.342    855,000,000
Total    3,500,000,000    0.342    1,197,000,000

Number of the investor's shareholding is not eligible for the tender offer.
2.    The details of both investors which company has received the following 
information from investors.
2.1     Mr.Nirandr Heatrakul
Address:    35 Soi Phiphatt, Silom District, Bangrak, Bangkok
Occupation:   Private Practice
Publication Business, Public Printing House
     2.2     Police General Somyot Poompanmoung
Address: 48 Soi Chok Chai 4, Ladprao District, Ladprao,
Bangkok 10230
Occupation: Police, Advisor (Level 10), Security and Special Tasks

This company was known as AQ Estate i believe which was formerly known as Krisdamahanakorn, the same company tied up in the courts on the Krungthai bank lending scandal.

[fxe1200]

1 hour ago, Mattd said:

If what you posted is correct, he actually bought 7.5 Billion shares at the cost of 208,333,333.333 Baht?

 

Mr.Somyot Poompanmoung 7,500,000,000 Shares at 0.036 Baht per share.

That would be 2.700.000.000 THB.

 

[TallGuyJohninBKK]

Oyy... and now, it looks according to this AQ notice filed with the SET, that he later gave some of those same shares to the Victoria Secret guy (500 million shares) and some others with his own same last family name (including his daughter).

 

https://www.set.or.th/set/newsdetails.do?newsId=14521238314270&language=en&country=US

 

        The AQ Estate Public Company Limited would like to inform that Pol.Gen. Somyot
Poopanmoung had distributed shares for the period of November 23, 2015 to
December 8, 2015 in the amount of 1,500 million shares or 11.85 % of total
shares with voting rights for the following individual.
DateDistributed Shares (Shares) List of Shareholder    Percentage
23/11/2015 500 million    Mr.Kampon Veeratepsuporn        3.95
08/12/2015 500 million    Miss Chomkamon Poopanmoung        3.95
08/12/2016 500 million    Mr. Rchta Poopanmoung        3.95

        Therefore, Pol.Gen. Somyot Poopanmoung will hold 500 million shares or 3.95 % 
of total shares with voting rights after distribution shares as stated. This
distribution shares of Pol.Gen. Somyot Poopanmoung is not impact in any control
of company.

 

The spelling is a bit different, but I'd wager that's the same guy as the Victoria's Secret guy, whose name is sometimes spelled in the English news media as " Kampol Weerathepsuporn".

Edited February 10, 2018 by TallGuyJohninBKK

[seaninkorat]

just another bent cop!

[smutcakes]

9 minutes ago, TallGuyJohninBKK said:

Oyy... and now, it looks according to this AQ notice filed with the SET, that he later gave some of those same shares to the Victoria Secret guy (500 million shares) and some others with his own same last family name.

 

https://www.set.or.th/set/newsdetails.do?newsId=14521238314270&language=en&country=US

 

        The AQ Estate Public Company Limited would like to inform that Pol.Gen. Somyot
Poopanmoung had distributed shares for the period of November 23, 2015 to
December 8, 2015 in the amount of 1,500 million shares or 11.85 % of total
shares with voting rights for the following individual.
DateDistributed Shares (Shares) List of Shareholder    Percentage
23/11/2015 500 million    Mr.Kampon Veeratepsuporn        3.95
08/12/2015 500 million    Miss Chomkamon Poopanmoung        3.95
08/12/2016 500 million    Mr. Rchta Poopanmoung        3.95

        Therefore, Pol.Gen. Somyot Poopanmoung will hold 500 million shares or 3.95 % 
of total shares with voting rights after distribution shares as stated. This
distribution shares of Pol.Gen. Somyot Poopanmoung is not impact in any control
of company.

 

The spelling is a bit different, but I'd wager that's the same guy as the Victoria's Secret guy, whose name is sometimes spelled in the English news media as " Kampol Weerathepsuporn".

Very interesting. Perhaps due to where the money came from, it is easier for the money to be given to Mr. Somyot to invest on Mr. Kampol behalf as who would ask questions of the chief of police. Mr.Kampol then has legitimate and clean money when the shares are disposed of, and Mr.Somyot has a nice little earner to with commission for assisting Mr. Kampol with the transaction.

[TallGuyJohninBKK]

Here's the detail on the earlier grant of shares from Wattana Capital -- 270M baht worth to the chief and another 90 million to what the memo says is his daughter.

 

 

And, according to the memo, was to become the largest single shareholder in the company, at the time.

 

 

http://www.set.or.th/set/pdfnews.do?newsId=&sequence=2014067082

 

 

Edited February 10, 2018 by TallGuyJohninBKK

[JOC]

Maybe Mr. Somyot has a future as financial adviser.....Don't do as I do

Both companies have gone bust a short time after Somyot invested heavily in them....

 

Or the more likely scenario: The companies have been stripped of all their assets by the major shareholders/board members leaving the retail investors to loose their money. And as usual with impunity for robbers, because they are all members of the same club..."The good guys"

[sweatalot]

Anyone remember the show he performed to whitewash the major suspect in the infamous Koh Tao case and how he seriously took care to find the real culprit/s ?

I do not say he got paid for that.

Edited February 10, 2018 by sweatalot

[TallGuyJohninBKK]

And this one indicates he was on the Board of Directors of Tongkah Harbour as of 2013 -- but no longer is at present according to the company's profile on the SET website. Though his apparent daughter is listed #12 on the company's current list of major shareholders, according to the SET website.

 

https://www.set.or.th/set/pdfnews.do?newsId=&sequence=2013005646
 

Quote

3.    Police-General Somyot Poompanmoung        Independent Director and                                     member 
of the Audit Committee

 

 

 

That company being the controversial gold mine operator where local protesting villagers were allegedly assaulted in mid-2014 by a large gang of men of questionable character.

 

https://www.thaivisa.com/forum/topic/726633-unidentified-men-hold-up-villagers-protesting-gold-mining-operations-loei/?do=findComment&comment=7832212

Edited February 10, 2018 by TallGuyJohninBKK

[scorecard]

4 hours ago, Just Weird said:

What sort of profit is "already on record" for him?

 

Do some research, all mentioned before...

[lvr181]

9 hours ago, rkidlad said:

The actual responsibility of your duties as an officer of the law was merely an afterthought. 

He, the person, was just an afterthought! Arrogance unbounded. 

[soalbundy]

ooooh he is so wicked, I bet he is a hit with the ladies though.

[TallGuyJohninBKK]

And some more investments here, 36+ million shares, current as of 2017:

 

 

 

https://www.google.com/url?q=https://www.set.or.th/set/pdfnews.do%3FnewsId%3D15166645649380%26sequence%3D0&sa=U&ved=0ahUKEwjQxsrss5vZAhUJW60KHaR8AgM4ChAWCAUwAA&client=internal-uds-cse&cx=partner-pub-0901699256947485:8450636272&usg=AOvVaw1MVzGq4qlJCdAxFfrmj2cv

[TallGuyJohninBKK]

1 hour ago, smutcakes said:

This company was known as AQ Estate i believe which was formerly known as Krisdamahanakorn, the same company tied up in the courts on the Krungthai bank lending scandal.

 

Seems so...

 

Quote

Aug 28, 2015 - Even AQ Estate, recently renamed from Krisada Mahanakorn, was up two satang to 31 satang after the company said it would not be hurt by a court order requiring it jointly to pay 10 billion baht to KTB after the bank's former executives were sentenced to jail for malfeasance in approving a loan of 9.9 billion ...

 

[TallGuyJohninBKK]

2 hours ago, TallGuyJohninBKK said:

Our former police chief also seems to have popped up in mid-2014 ostensibly buying 855 million baht worth shares in a private placement with another real estate development company:

 

https://www.set.or.th/set/newsdetails.do?newsId=14052960034350&language=en&country=US

 

 The details are as follow.
1.    Number of the private placement that have been allocated for this.
Sequence.    Name List    Number of shares    Price Per share    Total amount
1 Mr.Nirandr Heatrakul    1,000,000,000  0.342    342,000,000

2 Police General Somyot Poompanmoung  2,500,000,000    0.342    855,000,000
Total    3,500,000,000    0.342    1,197,000,000

Number of the investor's shareholding is not eligible for the tender offer.
2.    The details of both investors which company has received the following 
information from investors.
2.1     Mr.Nirandr Heatrakul
Address:    35 Soi Phiphatt, Silom District, Bangrak, Bangkok
Occupation:   Private Practice
Publication Business, Public Printing House
     2.2     Police General Somyot Poompanmoung
Address: 48 Soi Chok Chai 4, Ladprao District, Ladprao,
Bangkok 10230
Occupation: Police, Advisor (Level 10), Security and Special Tasks

 

He certainly seems to pop up in some very interesting places...

 

A former board of directors member of gold mine company Tongkah Harbour

 

Major investor in AQ, the successor company to Krisda Mahanakorn. It looks like the private placement share allocation was approved in mid 2014, but when exactly it occurred isn't entirely clear.

 

and then in late 2015 "distributed" 500 million of his AQ shares to Kampon Veeratepsuporn. At that time, the former distributed 1.5 billion shares in total, including the 500 million to KV, and the document says he retained another 500 million for himself when all was done. (So that accounts for at least 2 billion shares out of the 2.5 billion shares that were reserved for him in the private placement). See post #74 above:

 

Someone might ask, where would the 855 million baht -- assuming he purchased the entire amount of the share private placement offering to him -- for the AQ shares purchase come from?

 

 

Edited February 10, 2018 by TallGuyJohninBKK

[janpharma]

The "HUB" of corruption...again Nr 1!