Money Laundering and Sex Scandal of a Monk

Thailand’s Khantitham Forest Monastery is facing tough times.  It’s abbot, Luang Pu Nenkham Chattigo, has been barred from transferring money out his bank accounts by Thailand’s Anti-Money Laundering Office (AMLO). The 34-year-old monk has been attracting attention ever since a video of him flying a private jet while wearing aviator sunglasses, carrying a Louis Vuitton bag went viral last month. […]

FATF Removed Thailand From “Financing of Terrorism” List

The Financial Action Task Force (FATF) has agreed to remove Thailand from its list of nations identified as Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) deficient. Justice Minister Police General Pracha Promnok indicated that Thailand is no longer on the FATF’s blacklist, given its progress in addressing the AML/CFT deficiencies. In addition, […]