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-prime minister Thaksin Shinawatra, is a suspect in a money laundering case involving Krungthai Bank (KTB).
The Department of Special Investigation (DSI) said it uncovered evidence indicating Panthongtae laundered money when it investigated a corruption case in KTB.
The DSI will provide official announcement and commence criminal proceedings against 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’s son.
In September 2015, Panthongtea was among four people questioned by police on their links to KTB’s nearly 10 million baht loan scandal. The other three were Kanchanapha Honghern who was a secretary of Thaksin’s ex-wife Khunying Potjaman na Pomberjra, Wanchai Honghern who is Kanchanapha’s husband, and Kesinee Jipiphop who is Kanchanapha’s mother.
The KTB loan scandal involved 9.9 billion baht in loans made to subsidiaries of the Krisdamahanakorn (KMN) real-estate company.
A month earlier, 24 people were charged for illegally ratifying the loans for KMN branches during 2003-2004.-VNA
VNA
