Police study Chuwong's beneficiaries

FRIDAY, JULY 24, 2015
Police study Chuwong's beneficiaries

SECOND WOMAN WHO GOT MILLIONS IN SHARES MEETS POLICE, SAYS THEY HAD A 'SPECIAL RELATIONSHIP' BUT WERE NOT LOVERS

MYSTERY continues to shroud the death of construction tycoon Chuwong Saetang, prompting investigators to tackle the question of who are the beneficiaries from his passing. 
At this point, it remains inconclusive whether Chuwong died of an accident or was murdered on June 26. 
“We will have to identify the beneficiaries,” Deputy Metropolitan Police Commissioner Maj-General Chanthep Sesawet said yesterday. 
He was speaking after Metropolitan Police commissioner Lt-General Srivara Ransibrahman-akul convened a meeting of investigators working on the case and said that the investigation, which was 90 per cent complete, had not yet cleared lingering doubts.
“There are many points that remain unanswered,” Srivara said. 
Chuwong died on the night of June 26 after the car in which he was a passenger crashed into a tree on a Bangkok road. 
Pol Lt-Colonel Banyin Tangpakorn, a former deputy commerce minister and former MP, was driving the car. 
Chuwong’s family raised doubts about his death in light of the fact that Banyin had sustained no injuries and a huge volume of Chuwong’s shares worth many millions were suspiciously transferred to two women just days before his death.
One of the women told police yesterday that she had received Chuwong’s shares because of her daughter’s special relationship with the tycoon.
The daughter, Uracha Wachirakun-thon, is a broker who first met Chuwong in March.
“She said their relationship was special but they were not yet lovers,” police spokesman Lt-General Prawut Thavornsiri said. 
Uracha said she had received more than Bt30 million of shares from Chuwong through her mother’s account. According to her, she always traded shares via her mother’s account. 
The other female recipient of shares from Chuwong, Kantana Siwathanapon is pregnant with his child. She received Bt228 million worth of shares. 
Police have found no link between Kantana and Uracha. “They don’t know each other,” Prawut said. 
Pol Colonel Pisit Thamsuriya, a doctor at the Police General Hospital, said Chuwong died mainly from brain injuries but further examination was needed to determine how he had bruises around his eyes. 
“The bruises around his eyes are one of the points that the metropolitan police chief expects us to tackle,” he said. 
Srivara said two rescue workers provided conflicting statements as to whether Chuwong had died at the scene of the car crash. 
He said he had instructed investigators to gather more evidence and report the progress at the next meeting, which will be held early next week.