By Thai Rath Money WITH Thailand now facing a risk of becoming a global money laundering hub due to multiple loopholes that facilitate the flow of grey money this inevitably impacts the economy and national confidence with ordinary Thais directly and indirectly vulnerable to this gray money cycle. The following are the key ways
Tag: grey
Panel probing ex-prison chief over Chinese grey capitalist VIP inmates
FOLLOWING the transfer of Bangkok Remand Prison director and 14 guards the Corrections Department has now set up a committee to investigate them for allowing Chinese grey capitalists jailed there enjoy special privileges including visits by beautiful models, Amarin TV said this evening (Nov. 20). Mr. Manop Chomchuen and these officials were transferred to
Read moreNew scam centre emerges in Cambodia’s Oddar Meanchey province: Cyber Police
IN RAIDING and destroying the criminal network of a Cambodian suspect who is close to the neighbouring country’s Senate President Hun Sen on charges of running a call centre gang in Poipet, opposite Aranayprathet border town, Technology Crime Suppression Division or Cyber Police discovered that Chinese grey capitalists had moved their crime hub to
Read moreCyber police round up Taiwanese grey capital gang in Phuket
A GANG of Taiwanese grey capitalists who had set up an online system to quickly transfer money for illegal gambling website owners was arrested in Phuket, Naewna newspaper said late tonight (Feb. 11). Pol. Lt. Gen. Trirong Phiwpaen, head of the Technology Crime Suppression Division, said their operation, “Hunting Down the Island, Breaking Up
Read moreSri Lanka embassy asks for help in freeing over 40 scam centre victims
SRI LANKA embassy asked the Thai Foreign Ministry to help free 43 of their citizens who were tricked into working at Chinese grey capitalists’ scam centres in Myanmar’s Myawaddy township, across Moei river from Thai border town Mae Sot, where victims from 20 other countries are similarly entrapped, Naewna newspaper said today (June 24).
Read moreThailand urged to stop feeding power to Myawaddy’s online scam, casino district
By Thai Newsroom Reporters THAILAND IS STRONGLY ADVISED to literally cut off power lines and internet signals feeding “grey Chinese capitalists” in a certain area of Myanmar’s Myawaddy township riddled with online scams and gambling dens. House Committee on National Security, Border Affairs, National Strategies & Reforms Chair Rangsiman Rome urged the Thai authorities,
Read moreChinese grey capitalist gangs ransom kidnapping wealthy people in Tachileik
WHILE Chinese grey capitalist gangs having been ransom kidnapping wealthy people in Myanmar’s Tachileik town, which abuts Thailand’s Mae Sai town, this criminal activity has not crossed the border to the Thai side, Matichon newspaper said today (Mar. 18). Ms. Phakaimas Viera, president of the Mae Sai Chamber of Commerce, said a ransom kidnapping
Read moreCourt sets up fact-finding panel over grey senator getting off the hook
By Thai Newsroom Reporters SUPREME COURT President Chotivat Luengprasert has set up a committee to collect evidence and find facts pertaining to last October’s revocation of an arrest warrant by a Criminal Court judge for an allegedly grey senator. Court of Justice spokesman Soravit Limparangsee confirmed today (Mar.13) the Supreme Court president is having
Read moreCriminal Court judge to be quizzed over over letting grey senator off the hook
By Thai Newsroom Reporters MOVE FORWARD MP Rangsiman Rome today (Mar.8) petitioned the judicial branch to interrogate a judge of the Criminal Court who had revoked an arrest warrant for a senator suspected by police as a drug dealer-cum-money launderer. Rangsiman filed the petition with the Office of the Judiciary Committee based in the
Read moreRuam Thai Sang Chart leader challenged to show evidence on renting grey senator’s property
By Thai Newsroom Reporters MOVE FORWARD MP RANGSIMAN Rome today (Feb.24) dared Ruam Thai Sang Chart leader Pirapan Salirathavipak to produce evidence pertaining to the supposedly lawful rental of property in Bangkok for use as the party’s headquarters amidst allegations that it was merely part of a money-laundering scam involving a notorious senator. Rangsiman
Read morePrayut urged to step up legal action against own nephew over grey business
By Thai Newsroom Reporters PRIME MINISTER PRAYUT Chan-o-cha was suggested today (Feb.15) to step up legal action against one of his own nephews who has been accused of involvement in a money-laundering scam surrounding a Chinese-born grey businessman. During censure debate without a subsequent vote of confidence at parliament, Pheu Thai MP Jiraporn Sindhuprai
Read moreArrest warrants out for 3 DSI officers who raided former consul’s house
THE court has issued warrants for the arrest of three Department of Special Investigation (DSI) officers who searched the residence of the former consul of Republic of Nauru, an island country and microstate in Oceania, and a short while later a Chinese grey business suspect’s condominium in Huai Kwang area, TV Channel 7 and
Read moreQuestioning of Prayut’s nephew urged over Chinese grey business links
By Thai Newsroom Reporters THE OFFICE OF ATTORNEY-GENERAL and police were today (Jan.26) pressed to bring a businessperson known as a nephew of Prime Minister Prayut Chan-o-cha for questioning over alleged connection with Chinese grey businesses in Thailand. Move Forward MP Rangsiman Rome urged the Office of Attorney-General and police to quickly bring Pathompol
Read morePolice certain Tu Hao’s wife, other suspects intimidating witnesses
NATIONAL Police Chief Pol. Gen. Damrongsak Kittipraphat said there are grounds to allegations that the wife of Chinese grey business suspect Mr. Chaiyanat “Tu Hao” Kornchaiyanan and other suspects have, upon being bailed out, intimidated witnesses and tampered with evidence, Naewna newspaper said. Former MP Chuwit Kamolvisit had alleged that that suspects in the
Read moreTu Hao and other suspects to fight drug trafficking, money laundering case
THE TWENTY-THREE suspects in a Chinese grey business case with charges including drug trafficking, money laundering and transnational crime, among whom is Mr. Chaiyanat “Tu Hao” Kornchaiyanan, all pleaded not guilty today (Jan. 23), Naewna newspaper said. In the lawsuit filed by the narcotics office prosecutors at the Bangkok South Criminal Court Mr. Huang
Read moreSenior police officers being probed over payoff by Chinese grey capitalist gang
POLICE have launched a serious disciplinary inquiry over payoff by a Chinese grey capitalist gang to a 191 and Department of Special Investigation team during a raid of a house in Thungmahamek area and then walked free, Naewna newspaper said this afternoon (Jan. 20). Pol. Maj. Gen, Archayon Kraithong, the police spokesman, said the
Read moreTu Hao and 40 others hit with several charges, face death penalty
THE ATTORNEY-GENERAL filed a string of charges against a key Chinese grey capitalist suspect and 40 others today (Jan. 19) with drug-related offences carrying maximum death penalty, Thai Rath newspaper said this evening. At 3 p.m. today Ms. Naree Tantasathien, the attorney-general, ordered the Office of Narcotics Litigation to submit the 332-page indictment of
Read more80 Immigration police to be quizzed on links to Chinese grey capitalists
OVER 80 Immigration police including three holding the rank of major general will be summoned for questioning for allegedly helping a group of Chinese grey capitalists reside in Thailand, Naewna newspaper said today (Jan. 16). Deputy National Police Chief Pol. Lt. Gen. Surachate Hakparn, whose nickname is Big Joke, said a meeting will be
Read moreProbe into Prayut’s nephew’s connection with grey business suspect hits snag
By Thai Newsroom Reporters OFFICIAL INVESTIGATION INTO an alleged connection between a Chinese-born grey business suspect and a tour bus operator has apparently hit a snag up to now since the latter has been known as a nephew of Prime Minister Prayut Chan-o-cha’s, said an opposition legislator today (Jan.12). Move Forward MP Padipat Santipada
Read morePrayut’s nephew traced to providing 500 tour buses to grey businessman: Chuwit
By Thai Newsroom Reporters A NEPHEW OF PRIME MINISTER Prayut Chan-o-cha’s was found to have provided, either knowingly or not, as many as 500 tour buses for use by a Chinese-born businessman arrested for various crimes which he had allegedly perpetrated in Thailand, said outspoken ex-MP Chuwit Kamonvisit today (Jan.5). During a press conference
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