Business Blockbuster - Helpng business to be more visible on Google

Business Daily Media


.

The National Anti-Corruption Commission Thailand Alerts Investors to Risks of Gratuity Offerings as Potential Bribery

BANGKOK, THAILAND - Media OutReach Newswire - 26 February 2024 - The National Anti-Corruption Commission (NACC) has issued a formal advisory to both local and international investors regarding the practice of offering gratuities to government officials, which may constitute bribery and is subject to legal penalties under the latest anti-corruption regulations.



The NACC's Secretary-General, Mr. Niwatchai Kasemmongkol, emphasized that the regulatory framework established in 2020 includes criminal penalties for such offenses. According to Section 128 of the regulation, any public official accepting a bribe could face up to three years of imprisonment, a fine not exceeding 60,000 baht or both.

In efforts to uphold ethical conduct, the NACC has notified all parties of the Code of Ethics which governs the reception of gifts or benefits by government officials. The code aims to prevent the masking of bribes as gratuities, a practice that is identified as a seedbed for bribery and corruption, posing significant hurdles to national development and contravening legal standards.

This warning aligns with the stance of Transparency International (TI), which categorizes bribery as a form of corruption that must be eradicated. TI describes gratuities as promises of money or other advantages to officials or organizations as a quid pro quo for favorable treatment.

Mr. Niwatchai acknowledged that the challenge of gratuities is not unique to Thailand but is also prevalent in other developing nations where such practices have traditionally been used to repay favors or cultivate relationships, potentially leading to corruption within the government sector.

However, the NACC clarifies that certain exceptions exist where the receipt of gifts or benefits by officials is permissible, provided it adheres to the ethical criteria and limits set by the NACC. These exceptions include salaries, allowances, dividends, and customary gifts of nominal value given on special occasions.

In instances where assets valued over 3,000 baht are received under compelling circumstances, officials are mandated to report to the highest executive authority within their agency for approval within 30 days.

The NACC further explained that bribing behaviors encapsulate a range of actions from offering money for favorable services, facilitating school admissions, and avoiding legal prosecution, to illicit financial interactions with contractors.

The Commission emphasizes that these guidelines are part of a broader strategy to combat corruption. Effective law enforcement must be complemented by a cultural shift towards increased awareness and behavior change, distinguishing personal from public interest, and ultimately fostering a culture of integrity within Thai society.

For reporting any corrupt activities by government officials, the NACC encourages whistleblowers to contact the NACC Office at Tel. 1205 or visit their website at www.nacc.go.th.

Hashtag: #IntegrityWay #AntiCorruption #ZeroCorruption #NACC #NACF


The issuer is solely responsible for the content of this announcement.

National Anti-Corruption Commission (NACC)

The National Anti-Corruption Commission (NACC) is a constitutional independent organization supervised by nine commissioners selected from various professions. It is authorized to undertake work on the prevention and suppression of malfeasance, particularly in government agencies, on assets investigations, as well as on the monitoring of ethics and virtues of political position holders.

It has the authority to file charges in court as well as support and build up awareness of the penalties for committing corruption. The NACC is supervised by the NACC Board and has the Office of the NACC as its administrative agency.

Since 1997, Thai Courts have ruled against and punished politicians, former ministers, high-ranking government officials as well as executives of the private sector in the thousands of cases submitted by the NACC.

News from Asia

SHARP and ALPRO Pharmacy Introduce MIRAI Living to Champion Healthier Lifestyles for Malaysians

A strategic corporate collaboration combining SHARP's technology capabilities and ALPRO Pharmacy's healthcare expertise to strengthen health awareness and encourage healthier choices across everyda...

AutoSwift secures close to A$10 million from Singapore’s X Star Technology to scale AI WINGMAN

SYDNEY, AUSTRALIA – Media OutReach Newswire – 10 November 2026 – AutoSwift, the Australian developer of automotive artificial intelligence platform AI WINGMAN by AutoSwift ("AI WINGMAN"), has sec...

Porsche Design Tower Bangkok Achieves LEED® Gold Precertification

Recognition under the U.S. Green Building Council's rating system confirms the 22-residence tower is on track for full certification on completion BANGKOK, THAILAND - Media OutReach Newswire - 10 ...

KELE Takes a Taste of Singapore to Japan with Japan Airlines

SINGAPORE - Media OutReach Newswire - 10 November 2026 - KELE, the Singapore heritage brand known for its famed pineapple tarts, has partnered with Japan Airlines (JAL) to introduce authentic Sing...

DYXnet Joins Hands with Lok Sin Tong for "Love Meal Box Day of Warmth"

Donates 500 Meal Boxes to Support Underprivileged Elderly and People in NeedHONG KONG SAR – Media OutReach Newswire – 10 November 2026 – DYXnet, a wholly owned subsidiary of VNET Group (Nasdaq: VN...

Lee Kum Kee Sauce-Sponsored 2026/27 Hong Kong Windsurfing Circuit – iQFOiL Championships Conclude Successfully

HONG KONG SAR, CHINA – Media OutReach Newswire – 10 November 2026 – The 2026/27 Hong Kong Windsurfing Circuit – iQFOiL Championships organised by the Windsurfing Association of Hong Kong, China, c...

Allianz Insurance Singapore Encourages Homeowners to Strengthen Their Home Protection as Residential Fires Continue to Rise

SINGAPORE – Media OutReach Newswire – 10 November 2026 – Residential fires in Singapore remain a pressing concern for homeowners. Recent data shows that total fires increased 3% year-on-year, ri...

Green SM Forges Partnerships With 10 Strategic Partners to Expand Its Green Mobility Ecosystem in Laos

VIENTIANE, LAOS- Media OutReach Newswire - 10 November 2026 - Green SM has entered into Memoranda of Understanding (MOUs) with 10 strategic partners in Laos, spanning the banking and finance...

CG Capital Targets Phuket’s Premium Residences Market with USD 90 Million PURITA Phuket Bangtao, a New Residential Development on a Rare Landholding in Bang Tao-Cherng Talay

BANGKOK, THAILAND – Media OutReach Newswire – 10 November 2026 – CG Capital Advisory Co., Ltd. (CG CAPITAL), a member of the Central Group, Thailand's largest retail and property development ...

Welcome the New Year with Renewed Spirits and Discover the Colours of Hong Kong

Shama invites travellers to seek blessings, explore historic neighbourhoods, savour local flavours and spend time doing what they loveBANGKOK, THAILAND - Media OutReach Newswire - 10 November 2026...

Why the secrecy around car insurance?

Every year, millions of Australians receive their car insurance renewal and promise themselves they’ll look at it properly later. Then life gets in ...

Australian workers spend almost an hour a day administering email

Research finds email filing, searching and rework consuming an estimated 58 minutes a day and potentially exposing organisations to millionsAustralian...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...