Former broker meets police over suspicious share transfer days before tycoon’s death

TUESDAY, July 05, 2016

FORMER stockbroker Uracha Wachirakulton, who is a suspect in the suspicious transfer of shares belonging to the late construction tycoon Chuwong Saetang, showed up with her lawyer to testify at the Crime Suppression Division yesterday.

However, she refused to speak to the media.

Also accompanying Uracha was former Nakhon Sawan MP Waraporn Tangpakorn, whose husband, former deputy commerce minister Banyin Tangpakorn, is being accused of murdering Chuwong and playing a role in the share transfer.

Waraporn said she wanted justice and fair treatment for her husband, insisting that Chuwong’s death was an accident and that Banyin was really saddened by it.

Waraporn also said she and Banyin got to know Uracha at the same time as Chuwong, and that the former stockbroker had not travelled alone with Banyin as some speculated.

Banyin was arrested at a resort in Nakhon Ratchasima last week in the company of Uracha.

Warapon claimed she looked upon Uracha and Kanthana Siwathanapol, the other suspect in the share transfer case, as her own children. She also said that Uracha had been operating a business with her children.

Chuwong, 50, was found dead in the front passenger seat of a car, which Banyin was |driving when it hit a roadside tree in Bangkok’s Prawet district on June 26 last year.

The late tycoon’s family claimed the death was suspicious, given that Chuwong’s shares worth Bt260 million had been suspiciously transferred to Uracha and Kanthana just days before his death.