Thailand Cracks Down on Illegal Bitcoin Mining Operation
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THAILAND LIVE Thailand Live Friday 20 June 2025
Finance Chief Arrested in Her Office for Embezzling ฿9 Million in Local Government Funds Picture courtesy of Matichon. A senior finance officer at a local administrative office in Yasothon province has been arrested at her workplace for embezzling more than 9 million baht in public funds. The suspect allegedly siphoned the money into personal and family bank accounts under the guise of legitimate budget disbursements. Full story:https://aseannow.com/topic/1364217-finance-chief-arrested-in-her-office-for-embezzling-฿9-million-in-local-government-funds/ -
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Barack Obama warns the U.S. is ‘dangerously close’ to slipping into autocracy under Trump
Please continue in the 'World News" forum here: Obama Warns U.S. Teeters on Edge of Autocracy While Urging Hope and Civic Unity //closed// -
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Crime Finance Chief Arrested in Her Office for Embezzling ฿9 Million in Local Government Funds
Picture courtesy of Matichon. A senior finance officer at a local administrative office in Yasothon province has been arrested at her workplace for embezzling more than 9 million baht in public funds. The suspect allegedly siphoned the money into personal and family bank accounts under the guise of legitimate budget disbursements. At approximately 11:30 on 18 June, a team led by Pol. Lt. Gen. Jaroonkiat Pankeaw, Deputy Commissioner of the Central Investigation Bureau, and Pol. Maj. Gen. Prasong Chalempun, Commander of the Anti-Corruption Division (ACD), together with officials from the National Anti-Corruption Commission (NACC) and Public Sector Anti-Corruption Commission (PACC), arrested Ms. Wanida 46, Director of the Finance Division of the Kham Phai Subdistrict Administrative Organisation in Thai Charoen District, Yasothon. She was detained in her office under an arrest warrant issued by the Region 3 Criminal Court for Corruption and Misconduct Cases. The charges include: • Misappropriation of public funds by a government official • Wilful misconduct or dereliction of duty • Abuse of public office for personal gain According to Pol. Lt. Gen. Jaroonkiat, the ACD launched an investigation following a complaint that Wanida had misused her authority to embezzle local government funds. As finance director, she had full access to and oversight of the disbursement of the organisation’s budget. Investigators found that Wanida had systematically submitted false financial requests using her own name and the names of other civil servants, including those who had retired or been transferred, to approve budget disbursements. These funds were then transferred directly into her personal bank account or to accounts belonging to relatives and close associates. A financial audit of the office’s records from 2024 to the present uncovered 27 suspicious transactions amounting to over 9 million baht. Of this, approximately 6 million baht was traced directly to Wanida’s account, with a further 3 million baht distributed to people in her close circle. During interrogation, Wanida confessed to the embezzlement, claiming she had been under severe financial pressure due to debts from unregulated loan apps and being a victim of a call-centre scam. She stated she needed funds to pay exorbitant interest rates and cover financial losses from the scam. However, investigators expressed doubt over the full truth of her explanation and have proceeded with formal charges. Wanida is now in custody and will face legal proceedings in accordance with anti-corruption laws. Authorities have vowed to continue investigations to determine whether other officials may have been complicit and to recover the misappropriated funds. Adapted by Asean Now from Matichon 2025-06-20 -
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How often do you shave?
Case in point. Just look at your OP on this one. 7 thumbs down, nothing else. You see Susan, nobody likes your gunk. But I get it now. You like the thumbs down. You're addicted to it. You don't even want positive feedback, do you Susan? That's why you come here. AN guarantees you the dissatisfaction that you lust for. -
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USA Nippon Steel Seals U.S. Steel Takeover After Striking Unprecedented Deal with Trump
Nippon Steel Seals U.S. Steel Takeover After Striking Unprecedented Deal with Trump Nippon Steel has officially completed its $14.9 billion acquisition of U.S. Steel, finalizing a controversial deal that grants the U.S. government extraordinary oversight in exchange for presidential approval. The Japanese firm’s takeover of the iconic 124-year-old American company, which has long symbolized the country’s industrial strength, marks a significant milestone in the global steel industry, positioning Nippon as a dominant player in the U.S. market. Originally announced in 2023, the acquisition was initially seen as a financial lifeline for the beleaguered U.S. steelmaker. However, the plan soon became a political flashpoint, encountering fierce resistance from both sides of the political spectrum during the 2024 U.S. presidential campaign. Trump, however, endorsed the deal last week after receiving extensive concessions from Nippon. In an executive order signed on Friday, he gave formal approval, declaring that his concerns had been satisfied. As part of the agreement, Nippon committed to purchasing all outstanding shares of U.S. Steel at $55 each and absorbing the company’s debt—bringing the total value of the transaction to $14.9 billion. In addition, the Japanese firm pledged to invest $11 billion into U.S. Steel by 2028, including the construction of a new facility expected to be completed after that year. Perhaps most notably, Nippon agreed to grant the U.S. government a “golden share,” an unusual provision that gives federal authorities veto power over key corporate decisions. This includes the ability to block the transfer of jobs or production outside the country, as well as prevent closures or idling of domestic factories. In a joint statement, Nippon and U.S. Steel confirmed, “This partnership ensures that U.S. Steel will retain its iconic name and headquarters in Pittsburgh, Pennsylvania, and that it will continue to be mined, melted, and made in America for generations to come.” The companies also said the deal would “protect and create more than 100,000 jobs.” To further solidify its American credentials, Nippon has agreed to keep the company’s headquarters in Pittsburgh and appoint U.S. citizens to critical leadership roles, including chief executive and a majority of the board. Trump, who has long framed steel production as central to his economic policy, recently raised tariffs on steel imports to 50% to further protect American producers. He said his shift in position came after meetings with local leaders who warned that U.S. Steel would likely slash jobs if the Japanese investment fell through. Despite presidential approval, the acquisition has not escaped criticism. The United Steelworkers union, which staunchly opposed the deal, accused former President Joe Biden of politicizing the national security review when he blocked the acquisition during the final weeks of his term. The companies responded with a lawsuit challenging Biden’s intervention. David McCall, president of the United Steelworkers, criticized the final agreement, saying it “granted the president a startling degree of personal control” over the corporation. He warned that while public attention may now fade, the union would continue to monitor Nippon’s adherence to its promises. “However, our union will remain. We will continue watching, holding Nippon to its commitments,” McCall said. Adapted by ASEAN Now from BBC 2025-06-20
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