Central Banking

Thailand CB hunts ex-PM's missing money

The governor of the Bank of Thailand, Tarisa Watanagase, says the central bank is currently investigating what happened to the money recently withdrawn from the accounts of disposed prime minister, Thaksin Shinawatra. The governor believes the money has not been taken offshore.

The Assets Scrutiny Committee (ASC), an anti-money-laundering unit, has ordered the former prime minister's accounts, worth some 52.8 billion baht ($1.63 billion), to be frozen while he is under investigation for corrup