Tawatchai KemgumnerdThe Department of Special Investigation (DSI) has been pressured to unfreeze 3.8 billion baht in assets connected to the embezzlement-hit Klongchan Credit Union Cooperative (KCUC). The call to return 299 assets seized from ex-KCUC chairman Supachai Srisupa-aksorn was made by incumbent KCUC chairman Padet Mungthanya and members, who turned up at the DSI Wednesday. They were ordered to pay compensation of 3.8 billion baht to the KCUC, and a legal process to retrieve the money is now under way. He said the embezzlement resulted in 17 billion baht in losses and affected 18,000 of the 50,000 members. The KCUC succeeded in returning about one billion baht to its members, or around 11%, of total losses, he said.

Source: Bangkok Post November 30, 2017 02:48 UTC