Business Daily Media
Times Affiliate Marketing


.

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

Self-Storage Aggregator asia.storage Launches in Hong Kong

Asia's first aggregator connecting renters and operators HONG KONG SAR – Media OutReach Newswire – 27 October 2026 – asia.storage today announced the launch of its self-storage aggregator i...

Silver Automation Instruments Releases High-Viscosity Oil Flow Meter Selection Guide as Heavy-Oil Metering Demand Grows

The guide compares oval gear, helical gear and Coriolis meters for heavy fuel oil, lubricants and resins, with viscosity limits and flow derating data.NANJING, CHINA - Media OutReach Newswire - 27...

Allianz Insurance Singapore Spotlights the Hidden Cost of Sports Injuries Amid National Fitness Boom

SINGAPORE – Media OutReach Newswire – 27 October 2026 – Singaporeans are more active than ever, spending an average of $150 per month on fitness activities. But as sport and exercise participation...

Southco Korea Advances Data Center Performance with Next-Generation Access Hardware

SEOUL, SOUTH KOREA – Media OutReach Newswire – 27 October 2026 – Southco Korea will showcase its latest innovations for data center security, accessibility and operational efficiency at Data Cente...

Caltex Singapore Celebrates 90 Years with Free Fuel and Reward Giveaways

Stand a chance to win prizes such as an entire year of free fuel, special vouchers and exclusive limited edition Caltex merchandise SINGAPORE - Media OutReach Newswire – 27 October 2026 – Caltex S...

Asia Pacific Rayon Strengthens Engagement with India’s Textile Industry Through Technical Knowledge Sharing and Market Outreach

SINGAPORE – Media OutReach Newswire – 27 October 2026 – Asia Pacific Rayon (APR), a leading producer of viscose-rayon fibre, recently strengthened its engagement with India's textile industry thr...

Fortune China 500 Forum: Huitongda Network (9878.HK) Makes the List for the Fifth Consecutive Year

HONG KONG SAR – Media OutReach Newswire – 27 October 2026 – The 2026 Fortune China 500 Forum was held in Chengdu on the evening of October 22. Under the theme of "Renewing Competitiveness," this y...

ISCA and VNICG Join Forces to Build a Singapore–Vietnam Board Leadership Community

Partnership aims to connect directors across both countries, promote cross border learning and regionally connected board leadersSINGAPORE – Media OutReach Newswire – 27 October 2026 – As Singapor...

Rivo AI launches WhatsApp assistant as study finds Singapore property agents take over two hours on average to reply

New service handles property enquiries and books viewings around the clock, as field test of 394 agents reveals delays and unanswered messages.SINGAPORE - Media OutReach Newswire - 27 October 2026...

Kistler strengthens Asia-Pacific presence with new regional headquarters in Malaysia

Kuala Lumpur site brings engineering expertise and technical support closer to customers KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 October 2026 – The Kistler Group has officially o...

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...