Land & Houses leader is accused of laundering money in connection with the Klongchan Credit Union larceny scandal.
PUBLISHED: 3 Aug 2024 at 22: 06
Because businessman home billionaire Anant Asavabhokhin is now sleep, authorities have delayed bringing him to court on charges of money laundering related to the ten-year-old Klongchan Credit Union Cooperative (KCUC) embezzlement incident, according to a cause.
The 73-year-old leader and former president of Land &, Houses Plc has suffered suffered serious consequences following a liver transplant, said the cause, who asked not to be identified.
Before Mr. Anant was ultimately charged with money laundering on February 16th, 2013, the case had been dormant for years.
The Office of the Attorney-General rejected the inspection report and subsequent attempts by the Department of Special Investigation to evaluate, despite the Department of Special Investigation’s initial recommendation to prosecute Mr. Anant in 2019.
In the interim, Mr. Anant was required to submit a three-month report to the prosecution in a bid to get an OAG determination on his indictment.
On April 2, Mr. Anant was scheduled to answer the prosecution in jury. But, he failed to respond and his attorney requested a delay, providing a medical certificate.
Before lawyers ordered representatives from the Criminal Money Laundering Division to check whether Mr. Anant’s health issues were real, two additional appearances were postponed.
He is thought to have end-stage cardiac failure, according to the research.
The source claimed that Mr. Anant received a liver transplant in Australia, but the fresh instrument has since been rejected. He now needs dialysis three times per week before a second liver transplantation is possible.
Now, a new graft is not possible due to various illnesses, including heart failure, a mind haemorrhage, and lack of defense system balance.
According to the cause, he may be removed from a barren setting because it could cause illness and death.
Tangled net of bribery
The Klongchan Credit Union Cooperative incident, which dates back to 2012, was one of the largest larceny cases in the country’s story.
Researchers discovered that its former president, Supachai Srisupa-aksorn, wrote a full of 878 payments to remove 12 billion baht of people ‘ hard-earned discounts. He is currently serving a 16-year jail sentence.
The controversy-filled and extremely wealthy Wat Phra Dhammakaya, where Mr. Anant has a long history of pious support, received some of the smuggled funds later.
A real estate business that owned a sizable plot of land in Pathum Thani likewise took advantage of the stolen funds.
Some of the territory was then sold to Land &, Houses, which was then chaired by Mr Anant, the DSI found.
A separate investigation by the National Anti-Corruption Commission ( NACC ) found a complex web of connections between Mr. Anant and former Wat Phra Dhammakaya abbot Phra Dhammachayo, who is a fugitive former abbot.
According to investigators, gifts to the sanctuary were allegedly made from the almost 500 million baht from the land’s selling, which was originally purchased for 93.8 million.