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DSI investigating money laundering activities allegedly connected to “Tuhao”

DSI investigating money laundering activities allegedly connected to “Tuhao”

13 Sept 13:45 Key points summarised by AI
  • Thailand's Department of Special Investigation (DSI) has commenced an investigation into Chinese businessman Chaiyanat Kornchayanant, known as “Tuhao”, focusing specifically on alleged money laundering activities.
  • The DSI asserts its authority to investigate under anti-money laundering laws, while other non-money laundering offenses remain under the jurisdiction of the police and the Office of the Attorney-General.
  • Investigators plan to summon implicated individuals and employ special techniques to trace Chaiyanat’s financial transactions and money trail within the next two weeks.
  • To date, assets valued at approximately 4 billion baht linked to Chaiyanat and his network have been impounded, with an additional 1.2 billion baht still undergoing investigation.
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