FIFA WORLD CUP 2018 Kata Rocks
Login | Create Account Poll Currency Weather Facebook Youtube Search

Former minister indicted for murder of billionaire friend

BANGKOK: Public prosecutors yesterday (June 7) indicted former deputy commerce minister Banyin Tangpakorn, accusing him of the murder of billionaire friend and construction tycoon Chuwong sae Tang after stealing B300-million of his shares in 2015.

crimedeathmurderpoliceviolencetransportBangkok Post

Friday 8 June 2018, 08:42AM


Banyin Tangpakorn, 54, at the Bangkok South Criminal Court in April this year to testify in the case involving the alleged theft of shares worth B300mn from late construction tycoon and short-term friend Chuwong sae Tang. Photo: Somchai Poomlard

Banyin Tangpakorn, 54, at the Bangkok South Criminal Court in April this year to testify in the case involving the alleged theft of shares worth B300mn from late construction tycoon and short-term friend Chuwong sae Tang. Photo: Somchai Poomlard

Prayut Phetkhun, deputy spokesman of the Office of the Attorney-General, said Lt Col (retired) Banyin was charged with colluding in premeditated murder and colluding in murder for personal gain or to avoid criminal punishment for another wrongdoing. Such offences carry a maximum penalty of death.

Public prosecutors also proposed that any punishment handed down in the case be cumulative on punishment from another case involving document forgery for the theft of shares.

The Phra Khanong court accepted the case for trial and set the first hearing for July 9. The court released Banyin on him on bail of B2mn on condition he not leave the country without prior permission.

Mr Chuwong, 50, was found dead in the front passenger seat of Banyin’s Lexus SUV after it crashed into a roadside tree in Prawet district, Bangkok, on June 26, 2015.

Banyin survived the incident unscathed. The vehicle suffered minor damage.

Police at Udomsuk station initially attributed Mr Chuwong’s death to the crash. The Crime Suppression Division (CSD) took over the investigation and suspected Banyin of colluding in murder and that the accident was a set up to cover the murder.

The CSD concluded that Mr Chuwong was clubbed to death before the accident. Banyin had invited Mr Chuwong to a round of golf that night.

The murder motive was the fraudulent ownership of a portfolio of shares.

The case involves Banyin, who had known Chuwong since they met during a course at the National Defence College a few years before his death, and three women. One of the women was the broker handling Mr Chuwong’s stocks account and suspected of being Banyin’s mistress. They are all suspected of stealing B300mn worth of Mr Chuwong’s shares using forged documents.

Read original story here

 

 

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:
Security:

Be the first to comment.

 

Phuket community
Phuket villa property market strong in mid-range, high-end takes a hit

Please don't become like your main competitor, just a mouth-piece for the property industry. Thi...(Read More)


French expat, 78, found safe in Phuket after dinghy gets lost in storm

Claude,I knew we all get careless when getting older and and have done it so many time over and over...(Read More)


No special ‘temporary’ driver’s licences for tourists

DK, it still doesn't make your comment correct, lao khao dulls the mind, and the ability to thin...(Read More)


Phuket jet-ski, parasail operators threatened for operating in strong waves

Clever Phuket Marine office. Just warning after the weather ordeal is almost over, not BEFORE on 14...(Read More)


US withdraws from ‘cesspool’ UN rights body

Congratulations on the US action. Looking forward to Australia doing the same. I was bullied throug...(Read More)


Surapong gets two years for issuing Thaksin’s passport

It is funny to read all this shuffling. In a few years time, when democracy restored, Junta peopl...(Read More)


Phuket villa property market strong in mid-range, high-end takes a hit

Again Knight Frank is posting fake news. Anybody that is following agents sites can see the drop dow...(Read More)


Phuket condo market climbs after big hit

Nice try Knight Frank, but such fake news will not blind the eyes of people. For last 2 years you ca...(Read More)


3,000 people arrested for gambling on World Cup

What a nonsense. World wide there is legal football bidding/gambling . What is the fascination of th...(Read More)