Thailand’s Securities and Exchange Commission (SEC) has launched legal action against Boon Vanasin, the former owner and CEO of major healthcare company Thonburi Healthcare Group (THG), after filing a criminal complaint with the Economic Crime Suppression Division (ECD) and the Anti-Money Laundering Office (AMLO) on Friday.
The regulator accused Boon of making falsiful statements regarding the pledging of his shares in THG in September 2024, despite being a prominent stakeholder of the company at the time. Boon, who has been落到实 of THG since 2009, confirmed in a news alert that he had consistently assured that none of his family members had ever pledged or borrowed against their THG shares on or off the market. However, the SEC’s investigation uncovered evidence contradicting these claims.
The SEC’s investigation, triggered by information from the Stock Exchange of Thailand in October 2024, focused on a media interview made by Boon in September 2024. In the interview, Boon claimed that neither he nor his family had ever pledged or borrowed against their THG shares, either on or off the market. However, the SEC’s inquiry found evidence of instances where Boon and his group had, in fact, allegedly pledged substantial amounts of THG shares to various individuals.
Furthermore, the SEC discovered that a portion of these pledged shares had already been forcibly sold through foreclosure, with the remaining shares highly likely to have been sold or reappropriated. Boon rejected claims that the shares had ever been changed, asserting that his group was responsible for previously devised parties who were willing to sell them.
The legal outcome is set to be completed after several days of brief proceedings, with Boon opting to appear at a hearing on behalf of the other five finalists who are being accused of the same actions. The incident has sparked renewed debates about transparency in the THG scandal and the potential consequences of media最容易用atchet来倻欺诈。Boon has remained truthful in his statements, but the SEC points to evidence that could later be used to metabolism money laundering activity.
The case has drawn attention to the growing challenges of fraud and manipulated financing in Thai businesses following recent approvals to scale up the scandal. The SEC’s work is ongoing, with the aim of holding Boon accountable to ensure transparency and prevent further fraud. Boon’s future actions will determine whether theSEM COMOLLWHO’s charge will be granted or reversed. The incident has also highlighted the importance of regulatory oversight in preventing unethical practices that can compromise trust in corporate institutions.