Property baron Anant Asavabhokhin summoned to acknowledge money laundering conspiracy charge

[webfact]

Property baron Anant Asavabhokhin summoned to acknowledge money laundering conspiracy charge

 

 

BANGKOK: -- The Department of Special Investigation (DSI) has summoned property baron Anant Asavabhokhin to acknowledge money laundering conspiracy charge after gaining substantial evidence linking him to the 13 billion baht Klongchan Credit Union Cooperative scam.

 

My Anant is chairman at LH Financial Group PCL, chairman at Land & Houses Bank Public Co. Ltd., and chairman at Home Product Center Public.

 

According to DSI, Mr Anant was summoned for acknowledgement of the charge after substantial evidence gained indicating he might engage in money laundering conspiracy over a land purchase deal with the former president of Klongchan Credit Union Cooperative Mr Supachai Srisupa-aksorn.

 

The 46-rai plot of land worth several hundred million baht is adjacent to Wat Dhammakaya.

 

Supachai is now imprisoned pending trial for the 13 billion baht fraud.

 

DSI issued him a summons to acknowledge charge of money laundering conspiracy at the DSI headoffice.

 

The summons has been scrutinised by the Office of the Attorney General after it was proposed by the DSI for consideration.

 

Full story: http://englishnews.thaipbs.or.th/property-baron-anant-asavabhokhin-summoned-acknowledge-money-laundering-conspiracy-charge/

 

-- © Copyright Thai PBS 2017-05-18

 

[webfact]

DSI sends summons to billionaire Anant over alleged money laundering
By The Nation

 

Anant Asavabhokhin

 

BANGKOK: -- The Department of Special Investigation (DSI) has issued summons to billionaire land developer Anant Asavabhokhin to face charges of collaborating to launder money siphoned off from a cooperative.

 

DSI director Pol Colonel Phaisit Wongmuang said on Wednesday that the DSI issued the summons after its investigation into the frauds in the running of the Klongchan Credit Union Cooperative (KCUC) found strong evidence against Anant.

 

According to the DSI’s summons, Anant was suspected of collaborating with former KCUC chief Supachai Srisupa-aksorn and the Dhammakaya Temple to siphon money off from the cooperative. Supachai is now serving a jail term for embezzling KCUC funds. 

 

The summons alleged that Supachai and Anant had collaborated to sell a plot of land to Anant at three times lower than the median price and Anant had donated Bt303 million from profit on resale of the land to the Chan Khonnokyoon Foundation that built various properties for Dhammakaya Temple.

 

The summons said Supachai used Bt275 million from the KCUC to take over M-Home SPV2 Co Ltd and the money included the price for three plots of land.

 

On December 21, 2011, the company run under Supachai’s KCUC decided to sell a 46-rai plot to Anant. The plot was sold to Anant at the land office in the Klong Luang district of Pathum Thani province on December 23, 2011 for Bt93.781 million. The summons said the median price of the plot was about Bt281 million at that time.

 

The summons added that there was no evidence of the Bt93.781 million being paid to M-Home SPV2.

 

The summons said that Anant later sold the plot for Bt492 million and he later donated Bt303 million to the foundation.

 

The DSI also found that Supachai had sent a letter dated December 23, 2011 to donate the same 46-rai plot in Klong Luang district to the temple. The letter stated that Supachai would buy the plot from M-Home SPV2 and then Dhammakaya abbot Phra Dhammachayo would assign Anant to hold the plot’s ownership for the temple.

 

The summons concluded that the DSI is convinced from the evidence before it that Anant had violated Article 5 and 9 of the Ant-Money Laundering Act and hence he should face legal prosecution in a case separate from the KCUC embezzlement case.

 

Source: http://www.nationmultimedia.com/news/national/30315571

 

-- © Copyright The Nation 2017-05-18

[worgeordie]

Just pop by when you have some free time,no hurry.

regards Worgeordie 

[Dumbastheycome]

9 hours ago, worgeordie said:

Just pop by when you have some free time,no hurry.

regards Worgeordie 

Certainly. That is  after  I finish  packing  my  bags  for  an extended  business  trip  . Oh !  Is  that the  time?   Gotta   hurry !   Bye.

[ratcatcher]

His daughter was cleared of doing the laundry.

http://www.nationmultimedia.com/news/breakingnews/30309412

[11223344]

Tomorrow he may disappear in Singapore

[elgordo38]

Talking of barons this rather reminds me of the new series I like "Into The Badlands" Why is he a property baron why not a property potentate or a property prince. Something with a real ring to it.

[ratcatcher]

2 minutes ago, elgordo38 said:

Talking of barons this rather reminds me of the new series I like "Into The Badlands" Why is he a property baron why not a property potentate or a property prince. Something with a real ring to it.

But he is definitely a Land Lord.

[elgordo38]

Just now, ratcatcher said:

But he is definitely a Land Lord.

Touche turtle strikes again

[mtls2005]

He's still viewed as loyal to Thaksin (or a potential ally, or must be punished for not distancing himself fast enough), so the Junta needs to pick him off.

 

If the powers-that-be put 1% of the effort they put into wiping out the red-shirts, into running the government they might have accomplished a reform or two by now? But I'm guessing that's not their true goal.

 

 

[Dumbastheycome]

2 hours ago, mtls2005 said:

He's still viewed as loyal to Thaksin (or a potential ally, or must be punished for not distancing himself fast enough), so the Junta needs to pick him off.

 

If the powers-that-be put 1% of the effort they put into wiping out the red-shirts, into running the government they might have accomplished a reform or two by now? But I'm guessing that's not their true goal.

 

 

Perhaps  some   might consider  the one  leads  to the  other? " Reform"  is   just  that.

[IMA_FARANG]

Never trust a Capitalist.

The love of money is like a poison or a drug you can not kick.

 

[halloween]

3 hours ago, mtls2005 said:

He's still viewed as loyal to Thaksin (or a potential ally, or must be punished for not distancing himself fast enough), so the Junta needs to pick him off.

 

If the powers-that-be put 1% of the effort they put into wiping out the red-shirts, into running the government they might have accomplished a reform or two by now? But I'm guessing that's not their true goal.

 

 

Look at it this way - like a lot of Thaksin's cronies he is a criminal, and now he is being prosecuted for his crimes. We both know that there would be no prosecution with a Shinawatra government in office, and you seem to think he shouldn't be prosecuted now. In other words, Shinawatra cronies should NEVER be prosecuted.

 

Where I come from, untouchable criminals being prosecuted would be considered a worthwhile reform. The innocent depositors he helped rob would likely agree.

[wakeupplease]

1 hour ago, IMA_FARANG said:

Never trust a Capitalist.

The love of money is like a poison or a drug you can not kick.

 

Never trust  the greens they love it even more

 

Thaksin's cronies he is a criminal

 

In a few years time the same people who said this will be saying it in a reverse direction wait and see

 

Sad that some cannot see the wood because of the trees.

[Psimbo]

The fact that he's been summonsed sort of negates all the above comments but continue to rant.