DSI reviewing prosecutor’s decision not to indict developer Anant Asavapokin

13 Sept 14:23 Key points summarised by AI

Thailand’s Department of Special Investigation (DSI) is challenging the Office of the Prosecutors' decision not to indict real estate developer Anant Asavapokin on money laundering charges.
Anant was accused of purchasing land from Supachai Srisupap-aksorn (jailed for embezzling billions from a credit union), reselling it for a substantial profit, and donating a significant portion to a foundation affiliated with Wat Dhammakaya.
While prosecutors did not consider the land purchase as money laundering, the DSI believes Anant held the land on behalf of Phra Dhammachayo, the former abbot of Wat Dhammakaya.
The DSI chief will decide whether to object to the attorney general's ruling; DSI also retains the option to take the case directly to court if the objection is not upheld.

New home loan scheme aims to boost property sector with Bt125 billion

Yesterday 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.