Former Thai PM Thaksin’s son accused of money laundering

Panthongtae Shinawatra, son of Thailand’s ex-prime minister Thaksin Shinawatra, is a suspect in a money laundering case involving Krungthai Bank (KTB).

Monday, September 11, 2017 11:15

Former Thai PM Thaksin’s son accused of money laundering ảnh 1

Panthongtae Shinawatra, son of Thailand’s ex-prime minister Thaksin Shinawatra, is a suspect in a money laundering case involving Krungthai Bank.
(Photo: straitstimes.com)

Bangkok (VNA) – Panthongtae Shinawatra, son of Thailand’s ex-primeminister Thaksin Shinawatra, is a suspect in a money laundering case involvingKrungthai Bank (KTB).

The Department of Special Investigation (DSI) said it uncovered evidenceindicating Panthongtae laundered money when it investigated a corruption casein KTB.

The DSI will provide official announcement and commence criminal proceedingsagainst Panthongtae next week.

The Pheu Thai political party, which was founded by the elder Shinawatra,accused the military government of conducting a witch-hunt against Thaksin’sson.

In September 2015, Panthongtea was among four people questioned by police on theirlinks to KTB’s nearly 10 million baht loan scandal. The other three wereKanchanapha Honghern who was a secretary of Thaksin’s ex-wife Khunying Potjamanna Pomberjra, Wanchai Honghern who is Kanchanapha’s husband, and KesineeJipiphop who is Kanchanapha’s mother.

The KTB loan scandal involved 9.9 billion baht in loans made to subsidiaries ofthe Krisdamahanakorn (KMN) real-estate company.

A month earlier, 24 people were charged for illegally ratifying the loans forKMN branches during 2003-2004.-VNA

VNA

#Panthongtae Shinawatra #Thailand’s ex-prime minister Thaksin Shinawatra #money laundering case #Krungthai Bank #Pheu Thai political party #Krisdamahanakorn real-estate company

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