Business Daily Media

Men's Weekly

.

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

Uni-Bio Science Joins Forces with WMU NERC and Ouhai District Government to Build Growth Factor Innovation Ecosystem and Accelerate Regenerative Medicine Strategy Layout

HONG KONG SAR - EQS Newswire - 30 December 2025 - Uni-Bio Science Group Limited ("Uni-Bio Science Group", "Uni-Bio" or "the Group") is pleased to announce the official signing of a tripartite strat...

Gaw Capital Partners and GFH Partners Form JV to Develop UAE Industrial and Logistics Development Platform

HONG KONG SAR/DUBAI, United Arab Emirates - Media OutReach Newswire - 5 January 2026 - Gaw Capital Partners, a leading multi-asset investment management firm, and GFH Partners, a leading Dubai-bas...

From Zero to Everywhere: VinFast Turned Electric Cars into Daily Life in the Philippines

Once unknown, now almost unavoidable, VinFast cars, taxis, and charging stations have entered daily life across Metro Manila. Instead of waiting for change, the company built electric mobility into...

AS Watson Marks 185 Years of Caring: Surpasses 10,000 Smiles for Children With Cleft Lips

HONG KONG SAR - Media OutReach Newswire - 5 January 2026 - AS Watson, the world's largest international health and beauty retailer, celebrates its 185th anniversary - a journey from Hong Kong's fi...

Hong Kong to host 2026 INTERPOL General Assembly

HONG KONG SAR - Media OutReach Newswire - 5 January 2026 - Hong Kong is set to host the 94th INTERPOL General Assembly later this year, bringing global police chiefs from around the world to the c...

Energea introduces next-generation portable power with its Hybrid Solid-State Power Banks

SINGAPORE - Media OutReach Newswire - 6 January 2026 - Energea has introduced the MagPac Pro 35s and Integra 20S, two next-gen powerbanks designed to address rising concerns over battery-related i...

FastLane Wins Total Xero Award 2025 as It Leads Accounting Into the AI Era

HONG KONG SAR - Media OutReach Newswire - 6 January 2026 - FastLane Group is honoured to receive the Total Xero Award 2025, marking its third recognition from Xero following their Asia Advisory...

Singapore’s Quantum Ambitions Accelerate as Homegrown Company Aires Applied Quantum Technology Advances Region’s First PQC and Quantum Technology Patents

SINGAPORE - Media OutReach Newswire - 6 January 2026 - Singapore has opened doors to commercialise quantum technology in 2026, and Aires Applied Quantum Technology has built itself to become a k...

TVBS Foundation raises over NT$32 million for charity

Taiwan charity reaches 15 counties TAIPEI, TAIWAN - Media OutReach Newswire - 5 January 2026 - The TVBS Foundation's "Infinite Love" charity campaign raised over NT$32 million (around US$1.02 mill...

FutureGen Girls Foundation and Microsoft Hong Kong Sign MOU to Empower Teen Girls and Young Women through AI and Future Skills Development

Two-year collaboration to support Hong Kong’s talent pipeline by strengthening STEM readiness and industry exposure among teen girls and young women aged 12-19 HONG KONG SAR - Media OutReach Newsw...

Stop reading from the script: Why authenticity is the customer success secret weapon

I’ve been in customer service for years now. As my team has grown, the number one piece of advice I give is to be your...

From Check-in to Touchdown: How AI and smarter systems are transforming the travel industry

Richard Valente, VP of Customer Experience Strategy at TP in Australia, explores how IT-BPM outsourcing is revolutionising the travel sector throu...

Online Christmas shoppers fund climate and biodiversity projects via HealthPost's Click Sphere for Good initiative

Online shoppers with HealthPost’s Flora & Fauna have made 11,000 contributions towards climate and biodiversity projects when ordering parcel ...

US landmark settlement protects SMEs, highlighting flaws in the RBA's proposed blanket card surcharging ban for Australia

Aussie SMEs warn RBA not to ignore global trends, with the current sledgehammer approach threatening business viability and increasing inflation ...

Thryv Australia named Employer of Choice for third consecutive year at Australian Business Awards

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, has been awarded the Employer of ...

RogersDigital.com Announces the Launch of TheBulletin.au, a Destination for Business, Policy and Financial Insight

RogersDigital.com has announced the launch of TheBulletin.au, a new national digital publication designed to deliver sharp, data-driven reporting ...