Report Thai Abbot Sues Bank Over Alleged 1.3 Billion Baht Embezzlement

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Photo via Facebook/ พระปัญญาวชิรโมลี นพพร

 

In a troubling financial scandal, Phra Panya Wachiramolee, abbot of Wat Pa Si Saeng Tham in Ubon Ratchathani, is taking legal action against a bank for allegedly embezzling over 1.3 billion baht from the Luang Pu Sri Mahawero Foundation.

 

The abbot, who serves as the foundation’s secretary, discovered the missing funds upon returning from a trip to Kunming, China. He revealed on social media that the foundation's account, into which 803 million baht from donations was deposited nine years ago, should now hold about 1.3 billion baht with accrued interest.

 

A bank employee reportedly informed him that the funds were used for investments and investment insurance—transactions the abbot and the foundation’s committee did not authorise.

 

Phra Panya Wachiramolee demanded the return of the funds, but the bank, identified as Krung Thai, refused. This led the foundation to hire legal representation and file a case at the Roi Et Provincial Court on June 25.

 

As of now, no representatives from the bank have explained the situation. The abbot and his legal team are determined to pursue justice and recover the missing funds, highlighting concerns about transparent financial management and accountability.

 

  Adapted by ASEAN Now from The Thaiger 2025-06-27