Wat Phra Dhammakaya has been fraught by the Department of Special Investigation's (DSI) claim of money laundering - a complicated topic. This video and these graphics attempt to take out the complications by presenting them in a simple form, and also attempts to dismiss any claims of Wat Phra Dhammakaya's involvement in money laundering.
DSI Seeks Arrest Warrant: A Lawyer's Perspective
1. Why did DSI choose to release a written statement instead of an announcement via live press conference? This is highly unusual for a high profile case being followed closely by the public, particularly, when reporters from most of the Thai media outlets had been on standby outside of DSI headquarters for most of the day.
A Perspective on the Klongchan Credit Union Cooperative Case
What Transpired and How It Can Be Rectified
Klongchan Credit Union Cooperative (KCUC) initially had a working capital of 21,000 M baht. The issue arose when it permitted 12,000 M baht in loans, making itself illiquid—a state of lacking sufficient funds to meet its obligations. This led to a deficit preventing the cooperative from having available funds for circulation, putting it at risk for bankruptcy. Potential approaches to rectify the situation and restore the cooperative are as follows: