DSI probes B2bn of Assumption funds

DSI probes B2bn of Assumption funds

The Department of Special Investigation says on Thursday it will summon the president of St Gabriel's Foundation, which runs one of Thailand's oldest and most respected private schools, for questioning over allegations of mismanagement of donated money totalling more than two billion baht.

DSI special case investigator Pol Lt Col Bantoon Chimkra said on Monday the agency had submitted a letter to Brother Sirichai Fonseka asking him to testify before officers later this week and submit documents concerning the money. 

The DSI is acting on a request lodged in late January by parents of students at the prestigious Assumption College asking it to examine the foundation's bank accounts and whether donations of more than two billion baht had been properly acquired or misused.

The parents want the DSI to check the financial history of the foundation's executives, their families, close associates and even priests for signs of "unusual wealth".

The school charged parents very expensive tuition fees even though it had received donations of about two billion baht. This was not in line with the foundation’s original purpose and its religious principle, they said.

The Revenue Department will send the foundation’s tax history to the DSI for scrutiny by May 28, Pol Lt Col Bantoon said. 


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