Siam Commercial Bank (SCB) retains documents that could identify a core culprit in the 1.4-billion-baht embezzlement scandal at King Mongkut's Institute of Technology Ladkrabang (KMITL), an investigator said on Thursday.
Assoc Prof Chamroon Laosinwattana, left, and a delegation from KMITL arrive at the Crime Suppression Division on Thursday to examine cashier cheques involved in the 1.4-billion-baht embezzlement scandal. (Photo by Apichit Jinakul)
Assoc Prof Chamroon Laosinwattana of KMITL's Faculty of Agricultural Technology said SCB delivered to investigators cashier cheques issued to transfer institute money to suspects in the embezzlement case but the documents did not show who had ordered the money transfers.
Most cheques transferred several hundreds of millions of baht of KMITL money to suspects Kittisak Matthujad and Poolsak Boonsawasdi in 2013 and 2014, said the academic who is on a committee probing the case.
"We want to know who ordered the purchase of the cashier cheques and from which accounts (of KMITL) the money was withdrawn. If we have the two kinds of documents from the bank, they will tell us from which accounts of the institute the money came from and who was responsible for that," Assoc Prof Chamroon said.
He said KMITL regulations prohibit cashier cheque payment for individuals except for payment for construction or purchase and the cashier cheques the SCB delivered clearly proved wrongdoing.
"Those who have authority to sign the cashier cheque orders are the rector, deputy rectors and assistant rectors and the only person who can directly order the cheque purchase is the rector," Assoc Prof Chamroon said.