Klongchan probe nears end

[Lite Beer]

Klongchan probe nears end
The Nation

BANGKOK: -- THE DEPARTMENT of Special Investigation (DSI) is preparing to conclude its investigation into a major embezzlement at Klongchan Credit Union Cooperative later this month.

Available evidence suggests that more than Bt10 billion might have been stolen from the cooperative via dozens of fake loan contracts, a senior official at the DSI revealed yesterday.

Pol Lt Colonel Somboon Sarasit, who heads the DSI's Special Crime Bureau 3, said a few companies had already come forward to say that their signatures in the contracts were forged.

The ongoing investigation has revealed that 33 loan contracts between the cooperative and 28 firms or individuals look suspicious. The sums stated in the contracts involve over Bt10 billion, matching amounts from 878 cheques issued by the cooperative when Supachai Srisupa-aksorn was its president.

He is now detained over the crime.

"In addition, some companies that entered into these suspicious contracts are founded by Supachai," Somboon said.

Source: http://www.nationmultimedia.com/national/Klongchan-probe-nears-end-30257385.html

-- The Nation 2015-04-04

[Lite Beer]

The Department of Special Investigation (DSI) has announced that Supachai will be kept in court-ordered detention. The detention follows a long investigation into the ex Klongchan Credit Union chairman’s alleged embezzlement of 27 million baht.

Supachai has not yet been detained throughout the entire DSI probe despite charges pending. His lawyer attempted to have him freed on bail with two land deeds that had a value of 1 million baht being offered. The court denied the bail attempt.

Investigations into Supachai have been ongoing since August of 2014 after a group accused him of embezzling 27 million baht. The money was said to be used with board approval and withdrawn against regulations.

Supachai may also be facing money-laundering charges. He transferred much of his assets to an executive of the SW Holding Group. Currently, DSI states that they are following money that has been traced back to Superchai and gathering information into the case

The team behind the investigation is trying to determine if money earned from selling land was deposited into his own accounts. The Anti-Money Laundering Office is scheduled to meet with Klongchai executives next Friday to discuss matters related to assets that have been seized due to the investigation.


Supachai will be detained until April 13th.

Source: http://www.thaivisa.com/forum/topic/814630-supachai-in-court-ordered-detention-until-april-13th-pending-dsi-investigation/

-- © thaivisa.com 2015-04-03

[wabothai]

so, and after April 13th?

A small sum to the imigration general?

He should accompany Phompat.