The institute’s lawyer had filed a police complaint last Thursday that the institute had Bt3 billion in its account, but a total of Bt1 billion had been siphoned off since 2012. The case stemmed from a recent discovery that Bt80 million had been missing. Further probe by the institute pointed to some Bt1 billion being embezzled from the account.
CSD acting superintendent Pol Colonel Jirapop Puridech yesterday said the investigators were gathering evidence for court-issued arrest warrants for embezzlement and document forgery, as the evidence so far had led to at least two suspects. The suspects were identified by the police as the institute’s finance division head Ampon Noisamrit, 56, and the manager of Bank of Ayudhya’s Big C Srinakarin branch, Songklod Sriprasong, 40.