<div>
	The court also fined the firm Bt6,000 and ordered Apichart to return the rice to the government or else he must pay the Commerce Ministry for Bt175.48 million.</div>
<div>
	Apichart was released on bail pending an appeal against the ruling. He posted assets worth Bt700,000 as a guarantee.&nbsp;</div>
<div>
	The Nation</div>

Businessman jailed three years for embezzling rice

<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="line-height:107%">Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia</span></span><span lang="TH" style="font-size:18.0pt"><span style="line-height:107%"><span style="font-family:&quot;Angsana New&quot;,serif">.</span></span></span></span></span></span></p>

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Businessman jailed three years for embezzling rice

The Samut Prakan Court Tuesday sentenced President Agri Traiding owner Apichart Chanthornsakul to three years in jail for embezzling 16.4 billion tonnes of rice from the government.

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