Showing 1 - 10 of 10
KTB chief to impose discipline
Business, Wichit Chantanusornsiri, Published on 07/01/2019
» Krungthai Bank's board of directors has delegated KTB chief executive Payong Srivanich to take responsibility for proceeding with disciplinary actions against several of the bank's executives and employees who were found to be implicated in extending loans to Energy Earth Plc.
45 officials in crosshairs over Shin tax
News, Wichit Chantanusornsiri, Published on 01/08/2017
» Former permanent secretary for finance and the ex-director general of the Revenue Department are among 45 Finance Ministry officials under investigation for failing to demand Thaksin Shinawatra pay 17.6 billion baht in tax on profit made from the sale of shares in Shin Corp in 2006.
VAT refund scam reveals loopholes in tax law
News, Wichit Chantanusornsiri, Published on 02/07/2015
» Despite making progress in its probe into a value-added tax refund scam which caused the loss of 4.3 billion baht in state income in 2012-2013, the Revenue Department has still not been able to get back a single baht from the perpetrators.
Three more hit in VAT sting
Business, Wichit Chantanusornsiri, Published on 23/06/2015
» Two more high-ranking Revenue Department officials have been ousted, while a third has been forced to resign for serious misconduct due to involvement in a fraudulent value-added tax (VAT) refund scam that cost the government 4.3 billion baht in lost revenue.
Sommai says Finance Ministry is plugging loopholes
News, Wichit Chantanusornsiri, Published on 21/05/2015
» The harsh punishment imposed on a senior tax officer involved in a value-added tax refund scam indicates how determined Finance Minister Sommai Phasee is in his push for the country’s tax reform to close a loophole that has caused tremendous loss of income to the country.
Top official sacked over VAT fraud
Business, Wichit Chantanusornsiri, Published on 15/05/2015
» A senior Finance Ministry official has been fired for suspected involvement in a value-added tax (VAT) refund scam that cost the state 3.21 billion baht in lost revenue during 2010-11.
Officials probed over rice
Business, Wichit Chantanusornsiri, Published on 16/03/2015
» Almost 30 state officials, politicians and individuals from the private sector will be investigated for alleged involvement in the Yingluck Shinawatra administration's rice-pledging scheme, says a Finance Ministry source.
Tax officials, firms eyed in VAT case
Business, Wichit Chantanusornsiri, Published on 06/11/2013
» More than 20 officials at the Revenue Department and private companies are under scrutiny for alleged offences related to the recent value-added tax (VAT) refund scam.
Sathit claims Custom Dept tax checks system 'flawed'
News, Wichit Chantanusornsiri, Published on 24/08/2013
» Revenue Department director-general Sathit Rangkhasiri claims the Customs Department's export checks system has loopholes which lead to fraudulent tax refunds.
VAT fraud probe implicates 18
Wichit Chantanusornsiri, Published on 23/08/2013
» A Finance Ministry inquiry committee has uncovered 18 ministerial officials suspected of stealing more than 4.3 billion baht from the state through fraudulent tax refunds.