Click to download Tribute to His Majesty PDF

Live Phuket The Phuket News The Phuket News Kata Rocks The Phuket News
The Phuket News Thailand News
The Phuket News Phuket | Thailand | World | Business | Q&A | Weird World XML, RSS, Feed
The Phuket News The Phuket News
The Phuket News

Prosecutors at odds on Chuwong shares theft case

BANGKOK: A deputy attorney-general will decide whether to indict suspects in the alleged theft of B263-million in shares from late construction tycoon Chuwong Sae Tang, as prosecutors cannot agree on the case.

accidents, death, homicide, police, transport,

Bangkok Post

Monday 29 August 2016, 05:28PM

The Lexus sport utility vehicle owned by Banyin Tangpakornin which billionaire contractor Chuwong Sae Tang was found dead in the front passenger seat last year. Photo: Somchai Poomlard
The Lexus sport utility vehicle owned by Banyin Tangpakornin which billionaire contractor Chuwong Sae Tang was found dead in the front passenger seat last year. Photo: Somchai Poomlard

Meanwhile, Mr Chuwong’s family say they are prepared to go it alone and bring charges in court.

Prayut Phetkhun, deputy spokesman of the Office of the Attorney-General, said today (Aug 29) that a prosecutor at the Department of Southern Bangkok Litigation who handled the share theft case had decided against indictment. However, a deputy director of the department believed the case was strong enough and supported indictment.

The department’s spokesman Somnuek Siangkong said attorney-general Pongniwat Yuthapanboriparn had called for the investigators’ case report and assigned a deputy attorney-general to make the decision.

If the deputy attorney-general supported the indictment, the suspects would be arraigned in court. If not, the Office of the Attorney-General would ask the national police chief for his opinion.

If the police chief supported the indictment, the attorney-general would make the final decision, Mr Somnuek said.

“The process is normal... It should not take a long time,” he said.

Suspects in the share theft case are Banyin Tangpakornin, 52-year-old former deputy commerce minister and Nakhon Sawan MP; former model Kanthana Siwathanapol, 26; former stock broker Uracha Wachirakulton, 27, and her mother Srithara Phromma, 52.

Police at the Crime Suppression Division charged them with theft, reception of stolen property and document forgery to facilitate share theft. Police also accused Mr Banyin of planning the murder of Mr Chuwong, 50, to cover up the share theft.

The two men met during a course at the National Defence College years ago and remained friends.

On June 8 last year shares owned by Mr Chuwong worth about B35 million were transferred to Ms Uracha who in turn transferred them to her mother. More shares worth B228 million were transferred to Ms Kanthana on June 22, four days before Mr Chuwong’s death. Ms Uracha and Ms Kanthana both claimed they were Chuwong’s mistresses.

According to police, Mr Banyin planned the murder of Mr Chuwong before the securities firm routinely reported the share transfers to the tycoon at the end of June 2015.

On June 26 last year, he picked Mr Chuwong up from his construction company Standard Performance in Lat Phrao area of Bangkok and took him to a golf course in Bang Na area.

On the way back to Mr Chuwong’s home, Mr Banyin took the victim to meet other people police have not identified.

Mr Chuwong was killed by being hit on the head and face. He suffered multiple wounds, including a severe injury on the left side of his head. His neck was also broken by the assault.

Then the body was placed on the front passenger seat of Mr Banyin’s vehicle with the safety belt left unfastened. Mr Banyin drove the vehicle into a eucalyptus tree 43 metres off the side of Chalerm Phra Kiat Rama IX Rd in Prawet district, trying to make it appear like a fatal accident to conceal the crime, police allege.

The former deputy commerce minister was arrested in Nakhon Ratchasima province on June 28 for the alleged premeditated murder and on the following day was released on bail of B2 million on the condition that he must not leave the country without court permission and must report in every 12 days.

Sirirat Sae Tang, Mr Chuwong’s elder sister, and Wanpen Thanathamsiri, Mr Chuwong’s wife, today sent a petition to the attorney-general for fair treatment in the alleged murder case.

Their lawyer Anek Khamchum said if public prosecutors indicted the suspects on the share case, the family would seek to be listed as a co-plaintiff. If prosecutors decided not to indict, the family would press its own lawsuit.

Read original story here.



The Phuket News
The Phuket News
Comment on this story
* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.
Comments Here:
    Forget your password?

Be the first to comment.

The Phuket News
The Phuket News The Phuket News The Phuket News
The Phuket News
Share this
The Phuket News
Have a news tip-off? Click here
The Phuket News
Related stories
The Phuket News
Phuket community

Recent Comments

Thailand bans cheering at World Cup qualifier

Thai government asked people to tone down at least 30 days. His respected majesty King Bhumibol passed away on October 13. The match is on November ...(Read More)

Staffer shot in leg at Phuket shooting range

incorrect fire arm protocol results in these kind of ACCIDENTS.the tourist should consider paying the hospital fees as a mark of respect and fairness ...(Read More)

Russian diver dies after car bursts into flames in Wichit

Tip. Don't try doing these 3 things at the same time. Driving a car with tanks of gas in the back, lighting a cigarette with ( flammable ) Rus...(Read More)

Pitfalls of diligence and leases

Personally with all the con's, illegal land titles, the only "do" option to be safe is do invest your money in property elsewhere! Prefe...(Read More)

Emotional outpouring in song at Sanam Luang

A impressive, respectful, warm and thoughtful homage to His late Majesty King Bhumibol, Rama IX. But the figures. ( original story) 'Authoriti...(Read More)

Phuket pedestrian killed crossing Thepkrassattri Rd

This is what happens when pedestrians that aren't paying attention encounter a driver that also isn't paying attention. We all see it all the...(Read More)

Officials unable to save dolphin rescued from Phuket beach

Maybe from swimmng in the sewage tainted ocean. If you saw the water in Patong today it is not surprising that more things haven't washed up dead...(Read More)

Thai man, 22, stabs friend to death in Phuket

The fool has the mental capacity ofa crazed animal, and he should be treated like one...yes, as in put to sleep. Another unnecessary and unwanted bur...(Read More)

Action plan aims to cut road carnage

It needs to be enforced with action not only with words, but there is never any will for the former. Education in schools is also important as some Th...(Read More)

Staffer shot in leg at Phuket shooting range

When I hear about "tourists" from Libya, or Yemen or other countries alike, I just think what kind of shady business brought them into LOS...(Read More)

The Phuket News
Bangkok Hospital Phuket
Weird World
The Phuket News PHUKET LIFE
Phuket Arts
Phuket Community
Phuket Culture
Phuket Dining
Phuket Education
Phuket Entertainment
Phuket Environment
Phuket Health
Phuket People
Phuket Travel
Photo Galleries
The Phuket News PHUKET SPORT
Phuket Buy and Sell
Phuket Jobs
Phuket Property
Phuket Cars and Boats
Phuket Community
Phuket Services
The Phuket News The Phuket News PHUKET EVENTS
Phuket Event listings
Phuket Event calendar
Buy Tickets
Phuket Bars, pubs and clubs
Phuket Hotels and villas
Phuket Restaurants
Phuket Yellow Pages
The Phuket News BARGAINS
The Phuket News ABOUT US
The Company
Distribution points
Advertise with us
Pay for advert
Contact us
Content Google Map
Site map
Australian Visa Services
Currency - The Phuket News   Weather Report - The Phuket News   Surf Report - The Phuket News
LinkedIn - The Phuket News   Twitter - The Phuket News   YouTube - The Phuket News   Facebook - The Phuket News
Copyright © 2016 Class Act Media. All rights reserved. | Website usage terms and conditions | Privacy and Confidentiality Statement.