Phra Dattajivo (right), 77-year-old former acting abbot of Wat Phra Dhammakaya, leads an activity at the temple in Pathum Thani province early last year. (Photo by Apichit Jinakul)Prosecutors allege that Phra Dattajivo, former acting abbot of Wat Phra Dhammakaya, used about 1 billion baht received from the Klongchan Credit Union Cooperative to invest in and manipulate the stock market, using nominees. Evidence clearly showed that the money had been transferred from Klongchan Credit Union Cooperative by Supachai Srisupa-aksorn, he said. Supachai is a former chairman of the KCUC, treasurer of the temple and close aide to Phra Dhammajayo, the founder and former abbot of Wat Phra Dhammakaya. Wat Phra Dhammakaya has only about 100 rai of land.

Source: Bangkok Post March 16, 2017 07:52 UTC