KMITL former rector Thawil faces five charges

[webfact]

KMITL former rector Thawil faces five charges

BANGKOK: -- The Crime Suppression Division police today imposed five criminal charges on former rector of King Mongkut Institute of Technology Ladkrabang after finding him guilty in connection with the embezzlement conspiracy of the institute's 1.4 billion baht savings in the Siam Commercial Bank.

Two other lecturers also faced the same charges.

The former rector Thawil Puengma was pressed with the charges after he was summoned for further interrogation this morning.

The charges that the police found him guilty included theft, forgery of official documents, embezzlement, negligence of duty, and money laundering.

Royal Thai Police spokesman Pol Lt Gen Prawuthi Thavornsiri said the former rector had committed several unusual acts.

One of which was to guarantee the conduct of the former SCB branch manager Songklod Sriprasong after the headoffice detected some unusual act which indicated the close and unusual connection of the two persons.

He also was found to open bank accounts on behalf of the institute although his appointment as rector was not yet endorsed, and to close bank accounts after he was sacked from the position.

Two other lecturers of KMITL did not appear to face the charges at the CSD today.

Source: http://englishnews.thaipbs.or.th/kmitl-former-rector-thawil-faces-five-charges

-- Thai PBS 2015-02-24

[worgeordie]

the former Rector "had committed several unusual acts", whats unusual about theft,forgery,

money laundering,and bribery in Thailand, seems to be an everyday occurrence one way

or an other.

regards Worgeordie

[winstonc]

the former Rector "had committed several unusual acts", whats unusual about theft,forgery,

money laundering,and bribery in Thailand, seems to be an everyday occurrence one way

or an other.

regards Worgeordie

maybe unusual because he got caught out and exposed hahahahahaha....i just love the face loss more than anything..

[IMA_FARANG]

This had gone on for some time before he was 'caught".

I'm sure the reason was that he had some "friends" protecting him.

Had the Junta not taken over his "friends" would still be there to protect him. and nobody would be the wiser.

[Prbkk]

This had gone on for some time before he was 'caught".

I'm sure the reason was that he had some "friends" protecting him.

Had the Junta not taken over his "friends" would still be there to protect him. and nobody would be the wiser.

The investigation into this pre-dates the junta by months.

[WhizBang]

The Crime Suppression Division police today imposed five criminal charges on former rector of King Mongkut Institute of Technology Ladkrabang after finding him guilty

The Police found him GUILTY? Surely it is up to the courts, and ONLY the courts, to find him guilty.

[Gunna]

The Crime Suppression Division police today imposed five criminal charges on former rector of King Mongkut Institute of Technology Ladkrabang after finding him guilty

The Police found him GUILTY? Surely it is up to the courts, and ONLY the courts, to find him guilty.

And if the Police found him not guilty, they wouldn't have laid charges against him

[tomross46]

This had gone on for some time before he was 'caught".

I'm sure the reason was that he had some "friends" protecting him.

Had the Junta not taken over his "friends" would still be there to protect him. and nobody would be the wiser.

The investigation into this pre-dates the junta by months.

It might predate the Junta, but the previous liberal government did not do anything.

[clockman]

But he still not in jail! Its never over till the fat lady sings.

[webfact]

Ex-rector accused over KMITL scam
SUPACHAI PETCHTHEWEE
THE NATION

Thawil Phuengma, former rector of King Mongkut

Thawil Phuengma charged by police over Bt1.5 billion embezzement case

BANGKOK: -- THAWIL Phuengma, the former rector of King Mongkut's Institute of Technology Latkrabang (KMITL) and a suspect in the high-profile siphoning off Bt1.5 billion from KMITL bank accounts, yesterday morning reported to police to hear five serious charges against him.

Pol Lt-General Prawut Thavornsiri, National Police spokesman, said the charges were theft, forgery of official documents, embezzlement, negligence and money laundering.

Another former KMITL executive, Sarut Ratchaburi, who also went to see police a few hours later, was charged with embezzlement, negligence and money laundering.

A third former KMITL executive, Sappasit Limnorarat, postponed his surrender to later today.

Police took Thawil and Sarut to Min Buri Court to seek permission to detain them for interrogation. The court later approved the bail release for Thawil at Bt5 million while Sarut had to remain in custody because he didn't have enough to pay the collateral.

Prawut told reporters that KMITL had agreed with Crime Suppression police taking legal action on its behalf against the three former executives, who allegedly formed the "big boss" group behind this scandal.

Police believe there were more operatives.

Thawil had allegedly done some suspicious things, like providing a guarantee of the conduct of Songklod Sriprasong, a Siam Commercial Bank branch manager whom the bank was considering transferring after detecting unusual withdrawals.

This revealed Thawil's alleged unusual close relationship with Songklod, who was a key suspect in this case.

According to Prawut, Thawil opened bank accounts for KMITL, even before his appointment as rector was endorsed, and closed the accounts after he left office. He also sent a letter to the bank saying he didn't want the bank to audit these accounts or their financial condition, Prawut said.

Thawil told police he had nothing to do with the embezzlement and did not remember which documents he had signed or when.

Prawut said the police forensic team was examining the 300 signatures - including those of five former and current KMITL executives - to compare them with those on the forms authorising transactions. The examination was to be completed and submitted to case investigators this week.

Sarut, the other suspect, brought documents along to show to police and denied all three charges against him.

He said all KMITL lecturers knew Songklod, as he was a bank manager who was good at talking and making friends with people. Songklod had invited him to invest in high-yield funds so he wired money occasionally to Songklod until the banker became noticeably slow in wiring the returns to his account in 2009.

He said he had just learned that the Bt5 million in total that Songklod had transferred to him was actually from KMITL's accounts, so he plans to sue Songklod after this case is closed.

Source: http://www.nationmultimedia.com/national/Ex-rector-accused-over-KMITL-scam-30254798.html


-- The Nation 2015-02-25