Credit Union execs accused of embezzling Bt12 billion

[vijer]

Never a dull moment for the DSI.

And yet the DSI never seem to actually do anything. Have never once heard of any investigation being completed nor anyone ever going to jail. Not even Taksin. All DSI investigations seem to end up "ehh it was all a misunderstanding, nothing illegal happened".

[2unique]

As a result, this year, accounts were frozen and public meetings held so account holders could vote for who they wanted to control the credit union.

Who froze the accounts? The credit union or the govt? If the credit union froze the accounts, then that could indicate cover-up...or to prevent a run on the bank so to say.

And are the accounts "completely" frozen where a person say just for example can't even withdraw 1,000 baht even though they may have 100,000 baht on deposit?

DSI/AMLO had "personal" accounts frozen.

Apparently the Credit Union will honour withdrawals in 2 months from submission.

I'm told that the Govt will ensure/guarantee depositors get up to 1 Million baht returned.

I believe none of the above