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Thai Court Seizes Millions from Corrupt Official Over Unexplained Wealth


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In a significant move targeting corruption, the Criminal Court for Corruption and Misconduct Cases Region 3 has ordered the confiscation of assets worth 5.1 million baht from a Public Warehouse Organisation (PWO) official. This ruling was announced by the National Anti-Corruption Commission (NACC) yesterday.

 

The court's decision on 28 March directed the confiscation of funds in two accounts held by Sarot Sutthiwong. According to Niwatchai Kasemmongkol, NACC Secretary-General and spokesperson, the investigation into Sarot's unusual wealth began after substantial evidence suggested his involvement in illicit gain.

 

Sarot, who served as head of the warehouses owned by TSTE Plc from February 2003 to March 2004, could not sufficiently explain the source of his wealth. The NACC's inquiry not only highlighted this discrepancy but also uncovered Sarot's dereliction of duty in inspecting rice stocks under the government's contentious rice-pledging scheme.

 


 

 

 

Niwatchai stated, "If the remaining funds in Sarot’s accounts are insufficient to meet the court's confiscation order, legal authorities have 10 years to track down and seize other assets to enforce the decision."

 

This case marks a crucial step in Thailand's ongoing efforts to combat corruption and hold officials accountable for misconduct.

 

Photo: The Thaiger

 

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-- 2024-09-19

 

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Good move, keep it going (and aim higher if you feel like it) 😉

 

You also can start looking at hotels and shops with not a single customer and still running fine. Trend looks like it's laundromat now for money laundering (seen a couple open over the lasts months).

 

Fighting coruption will make foreigners happier when paying taxes 😁

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3 hours ago, happysoul said:

Good move, keep it going (and aim higher if you feel like it) 😉

 

You also can start looking at hotels and shops with not a single customer and still running fine. Trend looks like it's laundromat now for money laundering (seen a couple open over the lasts months).

 

Fighting coruption will make foreigners happier when paying taxes 😁

Will only go for little fish.

 

 

 

 

 

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