Business Daily Media

The Times


.

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

Armacell Deepens Asia‑Pacific Industry Engagement to Drive Energy Efficiency, Sustainability and Fire Safety

Supporting Asia‑Pacific's transition from BS 476 to the more comprehensive EN 13501‑1 fire‑classification framework ArmaPrene™‑based insulation, including ArmaFlex® Ultima, achiev...

Aon Highlights Maturing Transaction Risk Market in Asia Pacific Region as Claims Trends Evolve

SINGAPORE - Media OutReach Newswire - 14 July 2026 – Aon plc (NYSE: AON), a leading global professional services firm, has released Asia Pacific (APAC) findings from its 2026 Global Transaction ...

Asia’s Debut of LEAP East in HKCEC Marks Hong Kong’s Largest Inaugural Tech Summit

Hong Kong Secures Exclusive Three-Year Deal with Tahaluf for LEAP East; Set to Return to HKCEC in 2027, Reinforcing the City’s Global I&T LeadershipHONG KONG SAR - Media OutReach Newswire - 1...

L’OCCITANE Malaysia’s 7th Race for Vision Draws 3,000 Participants, Donates RM50,000 to Support Children’s Eye Health in Kelantan

Annual charity run champions eye health, visual inclusion, sustainability and community connection while funding a new Schoolchildren Refractive Error Intervention ProgrammeKUALA LUMPUR, MALAYSIA -...

Central & Western District Youth-to-Career Expo Connects Hong Kong Youth to Future Careers in AI Era

Two-day flagship youth to career exploration event unites 30+ corporates and organisations for youth empowerment, officiated by Alice Mak, SBS, JP, Secretary for Home and Youth AffairsHONG KONG SAR...

HKSTP Park Company Wins 2nd Runner-Up in Rocket Fuel East Startup Competition

Largest Ecosystem Lineup at LEAP East 2026 Achieves Over 1,500 Business Matching Sessions MEINONG ROBOT, a company within HKSTP ecosystem, stood out among more than 500 competing startups to...

KPMG and NLB launch Read to Lead to build reading as a national workforce capability

Read to Lead: Building an AI-Ready Mind promotes reading in the workplace and equips PMETs and business leaders with professional discernment skills for an era when not all informati...

HKUST and Indonesia's Ministry of Higher Education, Science, and Technology Deepen Partnership with Garuda Scholarship Framework to Nurture Top-Tier Talent

HONG KONG SAR - Media OutReach Newswire - 14 July 2026 - The Hong Kong University of Science and Technology (HKUST) and the Ministry of Higher Education, Science, and Technology of the Republic of...

AI Account Named Best AI-Driven Accounting Software Platform in South East Asia at the 2026 FinTech Awards

Wealth & Finance International recognised AI Account for helping SMEs and accounting firms automate everyday finance tasks, enabling them to focus on business growth.SINGAPORE - Media OutReach...

First Energy Africa Oil Corp. Strengthens Board with Appointment of Industry Veterans Simon Akit and Frederick Kozak

New directors bring 60 years of combined capital markets and resource industry expertiseCALGARY, ALBERTA - Media OutReach Newswire - 14 July 2026 - First Energy Africa Oil Corp. ("First Energy Afr...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...