Graft body hands over gold worth B1.5bn from ex-tax dept boss - News Summed Up

Graft body hands over gold worth B1.5bn from ex-tax dept boss


The confiscated haul amounts to about 20,976 baht‑weight of gold (one baht‑weight equals 15.2 grammes), or roughly 319 kilogrammes. The NACC earlier found Satit “unusually wealthy” while he served as chief of the Revenue Department. The Supreme Court subsequently ordered the gold forfeited to the state. The impounded gold is part of a broader NACC investigation into a value‑added tax (VAT) refund fraud that cost the Revenue Department about 3.09 billion baht between 2012 and 2013. The scheme caused losses of over 3.09 billion baht to the state.


Source: Bangkok Post February 27, 2026 15:44 UTC



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