Former deputy minister arrested for murder of tycoon

Former police colonel & politician Banyin arrested for murder of tycoon Chuwong, with tycoon's mistress & document forger at time of arrest.

CRIME

Former deputy minister arrested for murder of tycoon

28/06/2016
Wassayos Ngamkham

Police arrested in Nakhon Ratchasima province on Tuesday morning for the the premeditated murder of construction tycoon Chuwong Sae Tang last year.

Crime Suppression Division (CSD) police apprehended the 52-year-old politician at a resort named Town Square Suite in Khao Yai area of Pak Chong district, where he was in the company of a woman suspect in a related case, former stock broker Uracha Wachirakulton. Ms Uracha, who is free on bail, was not charged.

Police obtained an arrest warrant from the Phra Khanong court in Bangkok on Monday on a charge of participating in premeditated murder to conceal another offence.

RETIRED POLICE COLONEL & FORMER DEPUTY COMMERCE MINISTER ARRESTED FOR PREMEDITATED MURDER

Police were interrogating retired Pol Lt Col Banyin and said more details would be given at a media conference at the CSD headquarters in Bangkok on Tuesday afternoon.

He was deputy commerce minister in the Samak Sundaravej government in 2008.

Chuwong, 50-year-old founder of major construction firm Standard Performance, was found dead in the front passenger seat of Banyin's Lexus sport utility vehicle after it hit a roadside tree in Prawet district, Bangkok, on June 26 last year.

Mr Banyin was the driver of the car that crashed killing the tycoon but leaving Banyin alive. 

The two men first met during a course at the National Defence College years ago.

MISTRESSES STEALING STOCK SHARES WITH FORGED DOCUMENTS

He and three women were earlier charged with stealing stock shares worth 260 million baht from Chuwong a short time before he  was found dead.

Police found documents had been forged to change the status of the share transactions from pledges against loans to outright asset transfers.

The women knew Mr Banyin.

One of the women, Kanthana Siwathanapol, 27, was a model and claimed to be Chuwong's mistress and later gave birth to a child she said was his.

Another the three women, Ms Uracha, was with Banyin at the time of his arrest.

She earlier received Chuwong's shares through an account in the name of her 53-year-old mother.

She also earlier claimed to be Chuwong's mistress.

Chuwong's family always doubted the tycoon really died when Mr Banyin's vehicle hit the tree, after finding out about the suspicious stock share transfers to the alleged mistress.

http://www.bangkokpost.com/news/crime/1021985/former-deputy-minister-arrested-for-murder-of-tycoon

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