Published: Feb 08, 2021
The Financial Services Agency (FSA) plans to roll out an artificial intelligence system that can detect fraudulent money transfers at financial institutions nationwide as early as fiscal 2021 in an effort to strengthen measures against money laundering, The Yomiuri Shimbun has learned.
Published: Feb 19, 2020
Thongchai Sukko, the former abbot of Wat Saket in Bangkok and a former member of the Sangha Supreme Council who was known as Pha Kru Dhammasitit until he was defrocked, has been jailed for 36 months and fined Bt27,000.
Published: Jan 31, 2019
Sawat Saengbangpla, the 80-year-old former chairman of Chulalongkorn University Savings Co-operative, was sentenced to 20-years in jail on Thursday after being found guilty of money laundering linked to a lottery-investment scam.
Published: Nov 29, 2018
THE DEPARTMENT of Special Investigation (DSI) is calling on public prosecutors to get the court to dissolve the Khun Yay Maha Ratana Upasika Chandra Khonnokyoong Foundation – which was implicated in the Klongchan Credit Union Cooperative (KCUC) embezzlement case – and prosecute members of the foundation’s committee for money laundering.
Published: Oct 29, 2018
It took rickshaw driver Mohammad Rasheed a year to save Rs300 to buy his daughter a bike, so when he found Rs3 billion ($22.5 million) had passed through an unused bank account in his name, he was stunned and scared.
Published: Oct 04, 2018
KUALA LUMPUR: Freshly charged Datin Seri Rosmah Mansor was never given an opportunity to negate a police report, alleging that she had contacted a potential witness in her money laundering case, said her lawyer Datuk Geethan Ram Vincent.
Published: Aug 08, 2018
KUALA LUMPUR - Najib Razak has been charged with three counts under Section 4 (1)(b) of Anti-Money Laundering Act, Anti-Terrorism Financing Act and Proceeds of Unlawful Activities Act (Amla) 2001 on Wednesday (Aug 8).