Chuvit claims Sansiri used nominees

Former massage parlour tycoon-turned-whistle-blower Chuvit Kamolvisit reveals his latest allegation against Pheu Thai's PM candidate Srettha Thavisin at the Davis Hotel, which he owns, in Bangkok on Tuesday. Photo by Somchai Poomlard
Former massage parlour tycoon-turned-whistle-blower Chuvit Kamolvisit reveals his latest allegation against Pheu Thai's PM candidate Srettha Thavisin at the Davis Hotel, which he owns, in Bangkok on Tuesday. Photo by Somchai Poomlard

Political activist Chuvit Kamolvisit alleged on Tuesday that the property developer Sansiri Plc nominated a housekeeper and a security guard to take out a 1-billion-baht loan to buy land in the Thong Lor area of Bangkok.

Mr Chuvit revealed the alleged shareholding fraud of Sansiri, which was operating under its former CEO, Srettha Thavisin, now the prime ministerial candidate of the Pheu Thai Party.

Mr Chuvit claimed Sansiri used these two nominees -- a housekeeper and a security guard -- to take out a 1-billion-baht loan from its subsidiary to pay a landowner 565 million baht. He said no one appears to know what the rest of money was spent on.

The housekeeper was later identified as Ms Pinit (surname not disclosed), who lives in Maha Sarakham province.

She was found to have held 99% of the shares in the subsidiary, but there was no recorded data of her making corporate tax payments.

Another nominee -- a security guard identified as Mr Somsak (surname also withheld) -- was found to have owned 1% of the company.

He was also listed as the board member of five firms, including a transport service company associated with another Sansiri project.

Mr Chuvit said after the subsidiary sold the land to Sansiri, the company was abandoned.

Mr Chuvit asked whether Mr Srettha was qualified to be the next prime minister.

Pheu Thai said Mr Srettha's qualifications would be reviewed according to the relevant regulations.

Last week, Mr Srettha sued Mr Chuvit for 500 million baht for defamation over comments made about another land purchased earlier by Sansiri.

Mr Chuvit implied Sansiri had tried to avoid paying taxes.

Vocabulary

  • abandon: to leave someone/something - ปล่อยทิ้งไว้
  • activist: someone who takes part in activities that are intended to achieve political or social change, especially someone who is a member of an organisation - นักกิจกรรม
  • alleged: claimed to be true although not yet proven; claimed to have done something wrong but not yet proven - ที่ถูกกล่าวหา
  • avoid: to try to prevent something from happening - หลีกเลี่ยง
  • candidate: a person who is trying to be elected - ผู้สมัครรับเลือกตั้ง
  • defamation: the offence of writing or saying something bad about someone that is not true and makes people have a bad opinion of them - การใส่ร้าย
  • disclose: to give information to people - เปิดเผย
  • fraud: the crime of intentionally deceiving someone or cheating in order to gain an advantage or benefit - การฉ้อโกง การหลอกลวง เล่ห์เพทุบาย
  • nominee: a legal arrangement whereby investments are held by a a person or company on behalf of the real owner - ผู้รับถือหุ้นให้บุคคลอื่นที่ไม่ต้องการจะเปิดเผยตัวตน
  • qualified (adj): able to do something, because you have the knowledge, skill, or experience that is needed - มีคุณวุฒิเหมาะสม, มีคุณสมบัติ
  • subsidiary: a company that is owned by a larger company - บริษัทลูก
  • tax: money that you have to pay to the government so that it can pay for public services - ภาษี
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