living in the ‘Land of Smiles’

Chiang Mai, Thailand

(1 of 2) Thailand – ‘Jet-setter’ monk linked to money laundering

1

Via: Pattaya Today

The controversial monk caught on tape riding in a private jetliner has numerous “financial irregularities” – such as 10 of 16 bank accounts belonging to him and aides that have more than 200 million baht ($6.7 million USD) in constant circulation, the Anti-Money Laundering Office (Amlo) revealed on Tuesday.

Amlo banned the monk and his associates from transferring any assets until suspicions of money laundering are cleared up.

Amlo said it inspected 16 bank accounts belonging to the monk, Phra Wirapol Sukphol – better known as Luang Pu Nen Kham Chattiko – and his close associates.

Phra Wirapol is a senior monk at Wat Pa Khanti Tham temple in Si Sa Ket’s Kanthararom district.

The 34-year-old high-profile monk held 10 bank accounts, six of which had deposit transfers of two million baht or more, Amlo deputy chief Suwanee Sawaengphol said.

The accounts were circulating more than 200 million baht in total, with significant movements of currency almost every day, making them suspicious, Pol Capt Suwanee added.

“I want to warn Luang Pu Nen Kham’s network and Luang Pu himself that they don’t move assets shown in the bank accounts because doing so will immediately fall into the category of money laundering.

“If the money has been used to buy cars or an airplane, such assets will be illegal too, according to money laundering law, and they will be confiscated,” she said.

Read more, HERE:

http://pattayatoday.net/news/thailand-news/jet-setter-monk-linked-to-money-laundering/

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July 3, 2013 - Posted by | Uncategorized | , , , , ,

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