B14m fraud uncovered at parliament savings co-op

B14m fraud uncovered at parliament savings co-op

According to House Speaker, an embezzlement suspect has been dismissed and facing authorities fees.

House Speaker Wan Muhamad Noor Matha says B14-million loss due to embezzlement at the parliamentary savings cooperative will not affect members.
People won’t be affected by the house’s B14-million loss as a result of political benefits joint embezzlement, according to House Speaker Wan Muhamad Noor Matha.

A 14-million-baht damage caused by fraud at the Parliamentary Official Savings and Credit Cooperative will not have an impact on its individuals or businesses, according to House Speaker Wan Muhamad Noor Matha, while any additional suspects found may be detained.

Mr. Wan stated that the cooperative’s committee has established a committee to look into the embezzlement, and that the suspect, who was a joint worker, has been identified and will be punished.

The Bang Pho police station has received a complaint from the table, which included the termination of the individual without payment.

Mr. Wan also assured the cooperative’s members and partners that the joint will continue to operate firmly in the interests of its members and that the remaining funds are safeguarded. He also assured them that it will remain largely intact and that it will continue to operate firmly in the interests of its members.

” It was lucky that we caught the offender right away, and that man came forward.” Yet, we still need to find out how many others were involved, he said.

He added that there might be problems with other financial institutions, but that as long as their users keep their trust, there won’t be any issues. Nevertheless, he claimed that if confidence falters, it could have a significant impact.

Mr. Wan added that despite not having any reserves there and being personally involved with the cooperative, he and the House of Representatives Secretariat must be in charge of restoring trust.

He claims that the majority of collaborative members are political members, with some members having retired but also depositing money.