The National Anti-Corruption Commission (NACC) concluded that Satit Rungkasiri was “unusually wealthy” while serving as the Revenue Department director-general during 2011-2013, according to NACC secretary-general Sansern Poljieak. Prominent examples included the purchase of gold bars worth Bt607 million under Satit’s name, of which Bt179 million worth had already been confiscated. In addition, bank deposits worth Bt3.5 million and securities investments worth Bt435,100 under his spouse’s name, as well as bank deposits worth Bt5.7 million under his children’s names. Decision made in OctoberSansern said the agency resolved in late October to indict the former Revenue Department chief. The alleged scam led to one of the biggest corruption discoveries in the history of the Revenue Department, in which other top-level officials were involved.

Source: The Nation Bangkok November 24, 2016 18:04 UTC