A man was arrested in Bangkok after he admitted to having embezzled 41 million baht from a Buddhism foundation.
The Thai Crime Investigation Bureau (CIB) told TPN media that they have arrested a man identified only as Mr. Chaloam, 52, at a condominium in Bang Kapi, Bangkok. The arrest followed after an arrest warrant was issued from the Central Criminal Court for Corruption and Misconduct Cases in September of last year, 2022.
Chaloam is pleading guilty as a staffer in a government organization or government office, of being guilty of violating the Financial Businesses Act, and theft. Mr. Chaloam has fully admitted the accusations, say the CIB.
In 2016, Mr. Chaloam was in an administrative management committee at the Center for Promotion of Buddhism Foundation. He and other suspects who were not yet fully identified by the CIB embezzled 41,045,966.67 baht from the foundation. The head of the foundation, who is the monk ‘Phra Kru Palad Suchart’, discovered the discrepancies and missing funds and filed a report to Metropolitan Police Division 3 which prompted the investigation.