Speed up scam probe as US considers sanctions: Korn

DEMOCRAT deputy leader and MP Korn Chatikavanij has urged Thai agencies to speed up investigations into scam networks, citing a move by US House committee chairs to propose sanctions against 28 Thai individuals and organizations allegedly linked to them. This action, he warned, could affect the country's image. The two US House chairs have asked the US Secretary of State and Secretary of Treasury to impose sanctions on these 28 Thai entities. This follows similar calls within Thailand, where the House Committee on Finance, Banking, Financial Institutions, and Capital Markets has urged agencies like the Securities and Exchange Commission (SEC) and the Anti-Money Laundering Office (AMLO) to accelerate action against fraudsters. Korn emphasized that these agencies should utilize all available evidence and data to swiftly coordinate efforts against money-laundering networks associated with these scam gangs. He highlighted that the issue concerns confidence in the Thai economy, the capital market, and the country's law enforcement processes, stating that inaction is not an option. The activities of these scammers have impacted hundreds of thousands of deceived Thai citizens and people worldwide, as the region is used as a base for perpetrating fraud in other countries. He expressed deep concern and stressed the urgency of the situation. US congressmen, reportedly reaching the limit of their patience, have requested the Trump administration to invoke the Global Magnitsky Human Rights Accountability Act to initiate an investigation. Korn clarified that inclusion on a list does not signify guilt but rather indicates links warranting in-depth investigation. However, he cautioned that if the US proceeds with sanctions while Thailand's own investigations remain stagnant, it would reflect poorly on Thailand's competence and damage its image. He stated that Thailand has a duty not only to protect its citizens but also to be a reliable authority for foreign entities seeking redress for damages incurred within Thailand. Furthermore, he noted that this issue impacts confidence in the Thai political system, as some individuals linked to these activities have reportedly been appointed in the past by current Prime Minister Anutin Charnvirakul. The lack of progress in taking action inevitably raises public questions about potential political protection, making it imperative for responsible agencies to expedite their efforts to ensure clarity and fairness for all parties involved.