Businessman jailed three years for embezzling rice

Breaking News June 24, 2014 00:00

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The Samut Prakan Court Tuesday sentenced President Agri Traiding owner Apichart Chanthornsakul to three years in jail for embezzling 16.4 billion tonnes of rice from the government.

The court also fined the firm Bt6,000 and ordered Apichart to return the rice to the government or else he must pay the Commerce Ministry for Bt175.48 million.
Apichart was released on bail pending an appeal against the ruling. He posted assets worth Bt700,000 as a guarantee. 
The Nation

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