Business Daily Media

The Times


.

Thailand’s NACC finds guilty among four former executives of energy base firm of corruption and bribery

BANGKOK, THAILAND - Media OutReach Newswire - 1 May 2024 - The National Anti-Corruption Commission (NACC) reached a resolution that four former executives of the Thai State-owned oil and gas company, PTT Exploration and Production Public Company Limited (PTTEP), are found guilty of corruption, collusion, and bribery in connection to PTTEP's Arthit Offshore Gas Field Project.



The NACC was made aware of this case following the United States Government's announcement of the conclusion of its investigation into the global bribery scheme of Rolls-Royce, the United Kingdom-based manufacturer and distributor of power systems for the aerospace, defense, marine, and energy sectors. The company entered into a deferred prosecution agreement, which publicly disclosed information on corrupt contract awards about gas turbine procurement for several Thai Government's natural gas projects, including PTTEP's Arthit Project. The NACC initiated its investigation in response to this high-profile disclosure. The evidence obtained in this case was secured not only from domestic sources but also from abroad through close cooperation with foreign authorities and the Attorney-General, which is the designated Thai Central Authority for mutual legal assistance in criminal matters.

The NACC's Secretary-General, Mr. Niwatchai Kasemmongkol revealed in recent days that the NACC investigation found a long-running corruption and bribery scheme in the Arthit Project pertaining to the procurement of feed gas turbine compressors between 2004 - 2008 valued over US$24.6 million. The scheme involved PTTEP's Vice President of the Thai Offshore Assets Division, Mr. Poawpadet Vorabutr, intentionally issuing invitations to unapproved vendors, including Rolls-Royce, to submit bid proposals. In furtherance of the scheme, the Ad Hoc Board for Arthit Procurement whose members included Mr. Chitrapongse Kwangsukstith, Mr. Chulasingh Vasantasingh, and Mr. Anucha Sihanatkathakul, acknowledged the bid result and approved the purchase in principle prior to finalization of critical issues and observations. Subsequently, PTTEP's President and Secretary to the PTTEP Board, Mr. Maroot Mrigadat, reported contrary facts regarding the approval to the PTTEP Board Meeting. However, Mr. Kwangsukstith, Mr. Vasantasingh, and Mr. Sihanatkathakul, attending the meeting along with Mr. Mrigadat, did not make any clarification or objections against those distorted facts which eventually resulted in the purchase made directly to Rolls-Royce. Moreover, the investigation documentarily revealed that Rolls-Royce transferred approximately US$300,000 into the overseas bank accounts of Mr. Vorabutr's close associates after the contract was awarded to the company.

Accordingly, the NACC came out with the following decisions:

1. The acts of Mr. Chitrapongse Kwangsukstith, Mr. Anucha Sihanatkathakul, and Mr. Maroot Mrigadat constituted criminal offenses of corruption and collusion under Articles 8 and 11 of the Act on the Offences of Officials in State Organizations or Agencies 1959; and Article 12 of the Act on the Offences Relating to the Submission of Bids to Government Agencies 1999. The acts of Mr. Mrigadat additionally have grounds for a gross disciplinary offense.

2. The acts of Mr. Poawpadet Vorabutr constituted criminal offenses of corruption, collusion, and bribery under Articles 6, 8, and 11 of the Act on the Offences of Officials in State Organizations or Agencies, and Articles 5 and 12 of the Act on the Offences Relating to the Submission of Bids to Government Agencies, and Article 5 (1) and (2) in conjunction with Article 60 of Anti-Money Laundering Act 1999; and Article 103 in conjunction with 122 of the Organic Act on Counter Corruption 1999 (currently, an offense under Article 128 in conjunction with 169 of the Organic Act on Anti-Corruption, B.E. 2561 (2018)). The acts also have grounds for a gross disciplinary offense.

3. The investigation found no facts and evidence demonstrating other persons' offenses as accused. The accusations had no grounds for further proceedings and were dismissed accordingly.

Due to the death of Mr. Chulasingh Vasantasingh, the right to file a criminal case was extinguished. His case was disposed of.

Following Article 91 (1) and (2), and 98 of the Organic Act on Anti-Corruption, 2018, the NACC's report, investigation file, documentary evidence, electronic copy, and decision shall be sent to the Attorney-General for prosecution in the competent court, and to their superiors for disciplinary proceedings. Also, the NACC shall notify the Attorney-General to file a motion to the competent court for the confiscation of approximately US$300,000 in bribes following Articles 83 and 84 in conjunction with 93 of the Organic Act on Anti-Corruption 2018.

This successful investigation is one of the tremendous examples reflecting the NACC's strong commitment to fighting transnational bribery and emphasizing the importance of working cooperatively alongside our international partners to effectively investigate transnational bribery cases.

---------------------------------------------

*This press release translation is funded by the National Anti-Corruption Fund (NACF)Hashtag: #IntegrityWay #AntiCorruption #ZeroCorruption #NACC #NACF


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

National Anti-Corruption Commission (NACC), Thailand

The National Anti-Corruption Commission (NACC) is a constitutional independent organization and supervised by nine commissioners selected from various professions. It is authorised 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

SIM Global Education Enhances Educational Access with Scholarships and Financial Aid for Eligible Singapore and International Students

SINGAPORE - Media OutReach Newswire - 3 August 2026 - In an increasingly globalised economy, the pursuit of higher education has become both a critical driver of social mobility and a significant ...

De Beers Group debuts Desert diamonds in Shanghai

Over 200 industry leaders, trendsetters and cultural figures gather at The Orbit to celebrate the much-anticipated launch eventSHANGHAI, CHINA – Media OutReach Newswire - 3 August 2026 - De Beers ...

Zuellig Pharma Acquires Cialis® (Tadalafil) from Lilly in Singapore

SINGAPORE - Media OutReach Newswire - 3 August 2026 - Zuellig Pharma, a leading healthcare solutions company in Asia, today announced that it has acquired all rights, title, and interest in a...

Licensed Watch Dealer Times Avenue Marks Five Years amid Singapore's Pre-Owned Watch Market Growth

As the global watch industry slows and fraud risks in the secondary channel draw public attention, Times Avenue is among Singapore’s secondhand luxury watch specialists seeing sustained growth on t...

kiOra Makes International Debut in Kuala Lumpur and Announces Release Date for Debut Single "Coco" Music Video

Music Video to Premiere Worldwide on 8 August, with Exclusive Advance Screening at HEAD IN THE CLOUDS Music & Arts Festival in Los AngelesKUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 3 A...

HDBank posts 31% rise in first-half profit, assets exceed VND1 quadrillion

HCMC, VIETNAM - Media OutReach Newswire - 3 August 2026 - The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) reported strong first-half 2026 results, with pre-tax pr...

HDBank secures record international syndicated social loan in Vietnam

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 3 August 2026 - The HCM City Development Joint Stock Commercial Bank (HDBank – HoSE: HDB) on July 30 signed a US$721 million international syn...

Skyro Reaches Operational Break-Even in H1 2026 as Portfolio Grows Almost Eightfold

Digital consumer finance group reports positive operating profit for the first half of 2026 as it prepares to expand across the GCC and South-East Asia MANAMA, BAHRAIN / MANILA, PHILIPPINES - Med...

Singapore Institute of Management Partners with Peak Energy to Deploy Onsite Solar, Advancing Its Green Energy Drive

14-year power purchase agreement will cut SIM's energy rates by more than 45% while delivering approximately 1,100 MWh of solar energy annually to its Clementi Road campusSINGAPORE – Media OutReac...

Pattaya Is More Than Just the Beach: How ‘Event Tourism’ Is Making This Seaside City Near Bangkok a Year-Round Destination

BANGKOK, THAILAND – Media OutReach Newswire – 3 August 2026 – At a time when travel for Thai people is no longer simply about 'taking a break', many are choosing to travel to attend events that in...

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...