Live Phuket The Phuket News Kata Rocks The Phuket News Outrigger Koh Samui Beach Resort
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:
Username:
Password:
E-mail:
CAPTCHA
    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


Move to unite ATMs gains momentum

Not such good news. I never pay fees on my debit card by using my bank's ATMs, but I assume everyone will be charged a fee on the new system...(Read More)


Phuket Opinion: The Bangla ballet

A great article, as a tool for NACC to investigate and bite their teeth in it. Yes? Guess, just a hope. They not have the power and guts to do it. J...(Read More)


Six Thais, foreigner arrested in Phuket for possession of drugs, guns and ammunition

Eagle, obviously a thai person, feels fine with that many times sue culture, refuse to understand that we not have to sue. Anyone here who can educat...(Read More)


Krabi coal-fired power plant gets go-ahead

Thailand, yes, really can learn and adept energy wise from countries more far in energy matters. Look at Scandinavian countries, Germany, The Netherl...(Read More)


Phuket police seize 1,300 meth pills on bus from Malaysian border

Kurt,Mr.Superbrain the bus never entered Thailand as Sungai Kolok lays inside Thailand....(Read More)


Phuket to launch 3R project on solid waste

Turn trash into treasure! Encourage thai people to reuse, recycle and upcycle waste....(Read More)


Phuket police seize 1,300 meth pills on bus from Malaysian border

And why was this seize not done at the border with Malaysia when the car entered Thailand? Any thai authority at the border crossing has to answer fo...(Read More)


Police arrest Krabi power plant protest leaders

Unbelieveble that people protesting againt the coal electricity plant ( krabi area) get arrested. Is protest not a democratic right in Thailand? As...(Read More)


Police arrest Krabi power plant protest leaders

SAD state of affairs... a government taking backwards steps for energy, and silencing the few people with enough balls and conviction to speak out aga...(Read More)


Six Thais, foreigner arrested in Phuket for possession of drugs, guns and ammunition

The streets of Phuket will be much safer now that Mr Axel Vanlang Nhove and his marijuana totalling 7.69g have been apprehended....(Read More)

The Phuket News
PHUKET NEWS
Phuket
Thailand
World
Business
Q A
Weird World
ARCHIVE
POLL
CURRENCY
WEATHER
PHUKET TIDE TABLE
The Phuket News PHUKET LIFE
Phuket Arts
Phuket Community
Phuket Culture
Phuket Dining
Phuket Education
Phuket Entertainment
Phuket Environment
Phuket Health
Phuket People
Phuket Technology
Phuket Travel
Photo Galleries
COLOURING BOOK
The Phuket News PHUKET SPORT
Phuket
Thailand
World
SURF REPORT
PREDICTIONS
The Phuket News PHUKET CLASSIFIEDS
Phuket Buy and Sell
Phuket Jobs
Phuket Property
Phuket Cars and Boats
Phuket Community
Phuket Services
SEARCH CLASSIFIEDS
POST CLASSIFIED
The Phuket News The Phuket News PHUKET EVENTS
Phuket Event listings
Phuket Event calendar
Buy Tickets
POST EVENT
The Phuket News PHUKET DIRECTORY
Phuket Bars, pubs and clubs
Phuket Hotels and villas
Phuket Restaurants
Phuket Yellow Pages
POST LISTING
The Phuket News BARGAINS
The Phuket News ABOUT US
The Company
Distribution points
Subscribe
Advertise with us
Pay for advert
Contact us
CONTESTS
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 © 2017 Class Act Media. All rights reserved. | Website usage terms and conditions | Privacy and Confidentiality Statement.