The Phuket News Premier League predictions 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.

The NAKA Island

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:

Comments Left: Characters
Username:
Password:
E-mail: (No Hotmail, Live, MSN and Outlook accepted at this time)
Security:
   => Forget 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


Phuket Gov repeats call to solve rubbish, wastewater issues

Snore. Why even keep bringing this up? Nothing is being done to make any difference. I saw somebody pull out in front of me on his motorbike with a dr...(Read More)


Phuket Opinion: Hobbled by Bangkok

There is one fundamental issue missing from this article. The fact of local people being elected means 'favortism'(or massive corruption as it...(Read More)


Phuket Opinion: Hobbled by Bangkok

As always, a great PN Public Opinion! Problem is: This Governor seems to be abandon/sabotaged by every single Phuket local government department in...(Read More)


Korean tourist 72, saved from drowning off Phuket

A lengthy article which gives no info on how she was "saved from drowning"...(Read More)


Phuket Opinion: Hobbled by Bangkok

It says in the opinion that expats helped in the 80's to develop Phuket.30 years later i see here some expats posting with an incredible knowledge...(Read More)


Patong Mayor, PEA drive on to bury communication cables

"The wonders of modern satellite technology" although that part is correct, the rest is not, granted satellites have their place, but there ...(Read More)


Phuket tourists dissatisfied with beach trash and water quality, reveals survey

Phang Nga Province, just north of Phuket. Now many empty guesthouses and hotels this high season Previously full during High Season with tourists fr...(Read More)


Phuket tourists dissatisfied with beach trash and water quality, reveals survey

Point is, in the past there was a relaxed Phuket beach culture. Very much thai style, everybody thai beach entrepreneur was doing his own thing. Ma...(Read More)


Patong Mayor, PEA drive on to bury communication cables

In a few short years, nobody will have to worry about burying Fiber Optic Cables or copper communications cables. It all comes down to one word &quo...(Read More)


Phuket Gov repeats call to solve rubbish, wastewater issues

"Wondering why people live here if it's such a messed up place"...So you think it's clean then? You must be blind. There is garbage ...(Read More)

The Phuket News
Bangkok Hospital Phuket
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
World Entertainment
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.