NACC finds evidence of “former PTTEP big boss” accepting bribes for Rolls-Royce Confiscation of property


Bangkok, The NACC has resolved to determine the basis of the crime. There is reason to suspect that the former PTTEP board member and the Rolls-Royce Energy System group have the right to enter into a contract with PTTEP to purchase “Arthit” platform equipment in 2004. -2008 and confiscated the property of “Phaophadet Worabutr”, former deputy general manager. It was discovered that he had received a bribe worth approximately 10 million baht.

Mr. Niwatchai Kasemmongkol, Secretary-General of the National Anti-Corruption Commission (NACC), as spokesperson for the NACC, announced that the NACC has resolved to determine the basis of the offense. In the case where there is reasonable cause to suspect that Mr. Chitphong, a director of PTT Exploration and Production Public Company Limited or PTTEP, in his capacity as the chairman of the ad hoc subcommittee, and his associates facilitated the Rolls-Royce N Company. Nergy System has the right to enter into a contract with PTTEP to purchase Feed Gas Turbine Compressor
equipment for the central production platform of Project PTT (Project PTT Arthit).

The said case is due to The U.S. Department of Justice has investigated bribe payments made by Rolls-Royce plc and its subsidiaries. to government officials in many countries and in making an agreement to delay the lawsuit This includes the implementation of PTTEP’s Sunday project, for which Rolls-Royce hired an intermediary. and pay a portion of the commission It was a bribe to PTTEP officials in order to have the right to enter into the contract for the said project. The NACC therefore raised reasonable grounds to investigate. and found that during the year 2004-2008 PTTEP has built a production platform in the middle of the Arthit project. Located in the Gulf of Thailand and an air compressor powered by a gas turbine engine is provided. For use in feeding gas from the source into the production process of 2 machines, budget amount 27,000,000 US dollars or approximately 1,000 million baht. The PTTEP Board of Directors resolv
ed to assign an ad hoc sub-committee consisting of Mr. Chitphong, Mr. Chulasingh and Mr. Anucha are the authorized persons in giving approval.

In the procurement process, Mr. Phaophadet Worabutr, when he was the Deputy General Manager of Offshore Area (TOA), hastened to issue invitation letters to companies that will participate in the bidding, including Rolls-Royce Company, before The Procurement Committee of PTTEP Company gave its approval. In addition, in considering and approving the order of the ad hoc sub-committee. The decision was made to approve in principle the order. With comments to prepare price comparison figures that are most beneficial to the company. proposed the meeting to consider again, but Mr. Marut, President and Secretary of PTTEP, rushed to report to the Board of Directors’ meeting that the ad hoc sub-committee unanimously approved the purchase of Feed Gas Turbine Compressor from the company. Rolls-Royce, even though the ad hoc sub-committee only approved in principle the order. Inclu
ding Mr. Chitphong, Mr. Chulasingh and Mr. Anucha, who were members of the ad hoc subcommittee and were present at the said meeting, they did not object or explain the details of the resolution of the ad hoc subcommittee in any way.

The situation therefore aims to prevent fair price competition. To facilitate Rolls-Royce Company to have the right to enter into a contract with PTTEP Company to order 2 Feed Gas Turbine Compressors with a total procurement value of 24,663,303 US dollars (approximately 900 million baht).

By Mr. Phao Phadet receive benefits In return from Rolls-Royce, the commission was paid into a bank account in Singapore. and later transferred to Mr. Paophadet’s close people, a total of 300,543 US dollars, or approximately 10 million baht, which is the receipt of assets that were not legally appropriate. Caused damage to PTTEP. Therefore, the NACC considered and resolved that the actions of Mr. Chitphong, Mr. Anucha and Mr. Marut had criminal grounds according to the Act. Act on offenses of e
mployees in organizations or government agencies, 1959, section 8 and section 11, and the Act on offenses related to bidding for government agencies, 1999, section 12 and acts of Mr. Marut There is grounds for serious disciplinary misconduct.

As for the actions of Mr. Paophadet Worabutr, they have criminal grounds according to the Act on Offenses of Employees in Government Organizations or Agencies 1959, Section 6, Section 8 and Section 11 of the Act. For offenses related to bidding for government agencies, 1999, Section 5 and Section 12, Anti-Money Laundering Act 1999, Section 5 (1) and (2), together with Section 60 and the Act. Concerning the Prevention and Suppression of Corruption, 1999, Section 103 includes Section 122 and contains grounds for serious disciplinary offenses.

while the actions of the other accused From the investigation, there were no facts and evidence that could be heard to show that the alleged offense had been committed. The accusation is baseless. Let the charges be dropped. As for
Mr. Chulasingh Wasantasingh, he has already died. The right to bring a criminal case will be suspended, so the case will be removed from the registry.

by committee NACC to submit report Proceedings of the inquiry documentary evidence electronic copy and the decision will be sent to the Attorney General To prosecute criminal cases and submit reports and investigation documents documentary evidence and decision to the commander to take disciplinary action According to the said offense according to the Prevention Act. and suppressing corruption 2018, Section 91 (1) (2) and Section 98, as the case may be.

Please notify the Attorney General. Make a request to the court which has jurisdiction to consider the case. Confiscation of bribe assets totaling 300,543 US dollars in accordance with the Act on Prevention and Suppression of Corruption B.E. 2018, Section 83 and Section 84, together with Section 93.

Source: Thai News Agency

TERA opens trading on the first day above reservation by 122.8%.


SET, TERA shares opened for trading on the first day above reserve at 3.90 baht, an increase of 2.15 baht, accounting for 122.8% from the IPO price of 1.75 baht.

Mr. Praphan Charoenprawat, Manager of the Market for Alternative Investment (mai), and Mr. Surasit Kew Prasopsak Chief Executive Officer of Terabyte Plus Public Company Limited attended the trading opening ceremony. First day of securities on the stock exchange in the MAI securities market of Terabyte Plus i Public Company Limited under the technology group Using the trading abbreviation “TERA” today (April 24), the first day of trading opened at a price of 3.90 baht, an increase of 2.15 baht, representing 122.8% from the IPO price of 1.75 baht.

TERA is a subsidiary of Next Point Public Company Limited (NEX). There are 2 100% invested companies, namely Cluster Systems Company Limited and Skyfrog Company Limited. The group operates as a designer. Install and distribute IT equipment and providing services regarding large-scale, integrated informatio
n and communication technology (ICT) infrastructure systems.

The IPO price is 1.75 baht, representing a fund-raising value of 157.50 million baht. The security value at the IPO price is 420 million baht,

representing a price-to-net-earnings-per-share ratio (P/E ratio) of approximately 14.50 times. The money raised from this fund-raising will Used to invest in Cloud systems and invest in related businesses that have potential. To support the growth of the company and use it as working capital within the business.

Source: Thai News Agency

GPSC joins hands with Seaborg to study and develop SMR technology.


Bangkok, GPSC joins hands with Seaborg from Denmark to study opportunities for developing clean energy with SMR technology. It is expected to study the feasibility within 4 years.

Mr. Worawat Pittayasiri, Chief Executive Officer and President of Global Power Synergy Public Company Limited or GPSC, the innovation leader in the electricity business of PTT Group, revealed that GPSC has signed a cooperation agreement with Seaborg Technologies Company. ApS, developer of SMR (Small Modular Reactor) technology, Denmark. To study the feasibility of developing SMR power plant technology, which is a technology that is highly safe. Does not release carbon dioxide into the atmosphere Therefore, it is an important alternative for producing additional clean energy from renewable energy sources in Thailand. which will answer the need for environmentally friendly electricity production The study will take approximately 4 years (between 2024-2027).

For this cooperation Both sides will jointly study the possibility. Covers
technology, safety, environment, law, risk factors, marketing and business development. including guidelines for infrastructure development and the appropriateness of the location and size of the electricity generating unit, approximately 200-800 megawatts, along with learning and exchange technological knowledge with each other To prepare both organizations for implementing the SMR power generation unit project in Thailand along with creating understanding with all sectors. Both government agencies Regulatory unit including the social sector and the public to build confidence and understanding of effective management systems

It is very important to study the feasibility of SMR technology. In addition to studying the feasibility of hydrogen technology (Hydrogen) and carbon dioxide capture technology (Carbon Capture and Storage – CCS) that GPSC is already conducting.

Source: Thai News Agency

Thai stocks closed up 3.64 points.


Bangkok, SET closed today at 1,361.10 points, an increase of 3.64 points (+0.27%), trading value 38,553.81 million baht.

Stock trading today The index swings in positive territory within a narrow range. It made the lowest point of 1,355.44 points and the highest point of 1,364.91 points. As for securities, today’s change increased by 203 securities, decreased by 239 securities, and remained unchanged in 211 securities.

Source: Thai News Agency

The SEC reveals that in the first quarter of 2024, 14 cases have been prosecuted against offenders.


Bangkok, The SEC revealed that in the first quarter of 2024, it has prosecuted 14 cases of corruption against listed companies and unfair trading or stock manipulation. As for civil cases since 2017, perpetrators have been agree More than 1,566 million baht has been paid back to victims.

Mr. Anek Yuyuen, Deputy Secretary-General and Spokesperson of the Securities and Exchange Commission (SEC), revealed at the April 2024 media briefing that the SEC currently has 2 matters in progress. It is 1. Regarding the enforcement of past laws and starting to see results including various lawsuits. 2.About the development of the capital market By enforcing the law in the first quarter of 2024, 14 cases have been prosecuted against offenders, such as corruption cases of listed companies. Unfair trading or stock manipulation, of which 14 such cases are divided into 11 cases of accusations against investigators, while the other 3 cases are civil actions. However, since 2017, there have been 61 civil cases punished. There a
re people 241 people committed crimes, which the perpetrators have agreed to comply with, which is to pay back more than 1,566 million baht to the victims, and of these, there are 25 cases that have not complied, but 18 cases have already been filed, while the other 7 cases are pending. File a lawsuit

As for capital market development, the SEC will bring technology to use in the capital market. Improving the rules for trading digital tokens in soft power businesses such as music and drama businesses will help support influencers, songwriters, and filmmakers, which will be a mechanism for the economy to improve. It is expected that This May we will be open for comments. For investment scams this year From January to March There are 300-400 whistleblowers per month, so far there are more than 1,000 cases. The SEC has measures to block websites, Facebook, TikTok and Instagram. The fastest within 15 minutes or the slowest within 24 hours.

Source: Thai News Agency

DEPA joins with 3 professional associations to continue increasing energy efficiency and renewable energy.


Bangkok, DEPA joins with 3 professional associations to continue increasing energy efficiency and renewable energy. Aiming to create strong professional standards in energy conservation and renewable energy. Prepare to produce more than 1,400 energy personnel to drive efficient and environmentally friendly sustainable energy use.

Mr. Watthanaphong Kurovat, Director-General of the Department of Alternative Energy Development and Efficiency, revealed that the Department of Alternative Energy Development and Efficiency (DEPA) has organized a signing ceremony for a memorandum of understanding (MOU) to support and develop energy efficiency. and alternative energy Between the Thai Electric Generator Association by Mr. Thawatch Meechai, President of the Thai Electric Generator Association Building Inspectors Association by Dr. Pitchaya Chandranuwat President of the Building Inspectors Association and the Electrical Lighting Association of Thailand By Assistant Professor Dr. Pathomthat Jiradecha, President of the E
lectrical Lighting Association of Thailand, at the Chaloem Phrakiat Energy Conservation Building. Pathum Thani Province

Mr. Watthanaphong said that this signing is a continuation of cooperation between the 4 agencies, continuing from the end of the original memorandum of understanding. The main issue is to support and develop energy efficiency and renewable energy. In terms of operational standards Database system Knowledge support Personnel development for engineers, architects, building and factory administrators Building and factory officials responsible for energy Energy management auditor and certifier building inspector Energy conservation assessor Controlled Energy Production System Inspector and the general public to lead to efficient and environmentally friendly energy use.

The first activity that will occur from this cooperation is a training course on ‘Creating a Controlled Energy Production System Inspection Model’ in the case of controlled energy production from generators and solar energy in o
rder to develop energy efficiency standards for controlled electricity generation. Transferring energy knowledge and technology and sharing information Energy use for the business sector and industry and personnel development organized training for inspectors of controlled energy production systems to increase their knowledge and understanding of the criteria. Methods and conditions for inspecting and preparing a controlled energy production system inspection report. To provide opinions in considering the issuance of licenses to produce controlled energy from generators and solar energy. Including developing energy efficiency standards and disseminating knowledge about building construction design or building modification for energy conservation to the business and industrial sectors. Last year, a total of 181 people passed the training, with the DEPA aiming to produce more than 1,400 controlled energy production system inspectors in order to be sufficient and keep up with the energy saving trend. Producing a
nd using alternative energy, such as installing solar rooftops, producing energy from biogas systems. of establishments, etc.

Source: Thai News Agency

In the first 3 months, 67 foreigners invested more than 35 billion baht in Thailand.


Nonthaburi, Director-General of the Department of Business Development revealed that in the first quarter of 2024, foreigners invested 35,902 million baht in Thailand. Japan was the number one investor with 19,006 million baht, followed by Singapore with 3,294 million baht and France with 3,236 million baht, employing 849 Thai people.

Mrs. Oramon Sapthaweetham Director-General of the Department of Business Development revealed that in the first quarter of 2024 (January-March) foreigners will be allowed to invest and conduct business in Thailand. Under the Foreign Business Act B.E. 2542, there were 178 cases, of which 53 were investments through the application for foreign business licenses and requesting a foreign business certificate. (via investment channels according to the investment promotion law or is permitted according to the law on the Industrial Estate Authority of Thailand and exercising rights according to treaties or international agreements) totaling 125 people, total investment of 35,902 mill
ion baht, employing 849 Thai people.

The top 5 foreigners who invested are: 1. Japan, 40, accounting for 22% of the number of foreign businesses in Thailand, investment of 19,006 million baht in businesses such as advertising business, service business, procurement and installation of equipment for manufacturing factories. Cetyline Black Business providing services for producing electricity from solar energy Product manufacturing service business (Fiber optic equipment parts/Automobile parts/Metal parts) International trade business It is the procurement of products, raw materials, and parts for various industries.

2. Singapore: 32 companies, accounting for 18% of the number of foreign businesses in Thailand, investment of 3,294 million baht in businesses such as health rehabilitation center services. Electronic commerce business (e-Commerce) by using the deposit system for buying and selling goods and services. Software development service business for sale and/or service. Service business provided to affi
liated companies. or companies in the group (Accounting services/Marketing planning and product promotion services/Debt guarantee services) Product manufacturing service business (Molds and jigs/vehicle parts/bioplastic products)

3. United States: 29 companies, accounting for 16% of the number of foreign businesses, investment of 1,048 million baht in businesses such as engineering service businesses. Brokerage and agent business in purchasing, sourcing, and distributing products (Electronic tools and equipment/computers/jewelry) Retail business (Instant food and beverages/industrial machinery) Business of coordination, management, and consulting services. and provide information in various fields About coverage according to insurance policies Product manufacturing service business (Car steering wheel/DRUM BRAKE ASSEMBLY)

4. Chinese 20 companies, accounting for 11% of the number of foreign businesses, investment of 2,886 million baht in businesses such as service businesses provided to affiliated companies.
or companies in the group (Factory building space rental service) Product manufacturing service business (moulds/plastic parts for industry/flavours and flavorings) metal cutting service business (Coil Center) software development service business for sale and/or service business providing sub-franchise rights service business (Franchising) to operate the business of selling food and beverages.

5. Hong Kong: 11 companies, accounting for 6% of the number of foreign businesses in Thailand, investment of 1,017 million baht in businesses such as retail business. (Injection molding machine) International distribution center service business with modern systems Product manufacturing service business (Automotive spare parts and components/components made from aluminum) International trade business It is the procurement of products, raw materials, and parts for various industries such as electrical appliances. and electronics, etc., for wholesale in the country Business providing advice, guidance and management in t
he management of restaurants and cafes.

In this regard, it can be considered that the entry of foreigners into conducting business in Thailand in the past Especially in the above industries Helps to transfer technology, which is specialized knowledge from investing countries to Thai people, such as knowledge about safety in using gas measuring machines. Knowledge about electrical and electronic system design technology in electric rail projects Knowledge about knowledge in designing engineering products Knowledge about intelligent warehouse management systems, etc.

However, when compared to the same period last year (January – March 2023), it was found that foreigners were allowed to invest in doing business in Thailand, increasing by 4 cases or an increase of 2% (January – March 2024, 178 cases were allowed / January – March 2023 allowed 174 cases) and the investment value increased by 2,854 million baht or an increase of 9% (January – March 2024 invested 35,902 million baht / January – March 2023 invested
33,048 million baht) while hiring Thai jobs decreased by 1,083 people or a decrease of 56% (January – March 2024, employing 849 people / January – March 2023, employing 1,932 people) with the highest number of incoming investors still being Japanese investors, as well as year ago

For investment in the EEC area, in the first quarter of 2024, there were 56 foreign investors interested in investing in the EEC area, accounting for 31% of the number of foreign investors in Thailand. This increased from the same period last year, numbering 25, or an increase of 81% (January – March 2024, investing 56 people / January – March 2023, investing 31 people) and has an investment value in the EEC area of ??11,629 million baht, calculated is 32% of the total investment An increase from the same period last year of 8,365 million baht or an increase of 256% (January – March 2024 investment 11,629 million baht / January – March 2023 investment 3,264 million baht) are investors from *Japan, 12 investors invested. 995 million
baht *China 12 companies invest 924 million baht *Singapore 8 companies invest 898 million baht and other countries 24 people invest 8,812 million baht etc.

Source: Thai News Agency

The Bank of Thailand does not oppose Digital Wallet, but would like to be specific.


Bangkok, The Bank of Thailand does not oppose Digital Wallet, but if possible I would like to be specific to the group that is having difficulty. Worth the budget Points out that reducing interest rates is not the main tool to solve debt. Helps reduce short-term debt burden But the outstanding debt has increased in the long term. Ready to keep an eye on the Thai Bankers Association meeting this evening.

Dr. Piti Disayathat, Assistant Governor Monetary Policy Line The Bank of Thailand (BoT) said at the Monetary Policy Forum No. 1/2024 after the Monetary Policy Committee (MPC) voted 5 to 2 to maintain the policy interest rate. at 2.50 percent per year on April 10, 2024, stating that interest is not the main tool for solving debt problems. It’s just to help alleviate the problem. which in foreign countries Even though the flowers are reduced But it cannot solve the problem of high debt. Main factors to solve debt Must increase income from non-interest related forces such as improved exports Higher production.
The MPC is ready to adjust interest rates. But we have to see if there are any big factors. Come in or not? And how sustainable is the impact? Is there enough impact on policy to make an adjustment? 0.25-0.50 doesn’t have much effect on the big picture.

In the case of the Thai Bankers Association Schedule a meeting this evening. After four banks representing the Thai Bankers Association met with the Prime Minister yesterday (April 23), if the focus is on helping vulnerable groups It is in line with the guidelines of the National Bank. to take care of this group since after COVID Depends on the Thai Bankers Association What measures will be taken? If it helps vulnerable groups, it’s a good thing. It’s a matter of market mechanisms.

As for the 10,000 baht top-up project via Digital Wallet, the Bank of Thailand has no objections to the overall project. that the government will have measures to stimulate the economy But the matter of format, if possible I’d like to be specific. Help only groups that are in trou
ble Worth the money and save budget and according to the framework that should be

As for the action in which the government will use the financial resources from the BAAC, it must first be submitted to the Royal Decree for clear interpretation as to whether the financial resources can be used according to Section 28 of the Monetary and Fiscal Discipline Act or not. and depends on the BAAC board. The BoT is responsible for supervising general financial matters. does not have the authority to decide whether it can be done or not

While Mr. Surat Thanboon, Senior Director The Monetary Policy Department of the BoT stated that the interest rate cut To help solve debt problems Helps reduce debt burden only in the short term. But it will result in an increase in outstanding debt in the long run. and increased debt Bank of Thailand Affects long-term economic growth, causing the Bank of Thailand to view that the current interest rate level of 2.50% is appropriate to help strengthen economic stability and support long
-term risks.

Source: Thai News Agency