EC Seeks BOT Data on Suspicious Election-Period Cash Movements

Khaosod•Politics•249d ago

Reader Briefing

The Election Commission (EC) has formally requested detailed transaction information from the Bank of Thailand (BOT) regarding unusual cash withdrawals and transfers flagged during the recent election period.

•The EC has requested specific details from the BOT concerning abnormal money transfers and cash withdrawals occurring during election periods.
•The BOT had previously identified over 250 million baht in irregular cash withdrawals, particularly in 100 and 500 baht denominations, within the past 10 days.
•The BOT has forwarded these findings to the Anti-Money Laundering Office (AMLO) for further investigation.
•A BOT representative is expected to deliver the requested transaction details to the EC Secretary-General, Sawang Boonmee, on the evening of January 30, 2026.

Overview

•The Election Commission (EC) submitted a letter to the Bank of Thailand (BOT) in order to request details on abnormal money transfers and cash withdrawals.
•On Jan 30, 2026, Korchit Jaroen-in, Deputy Secretary-General of the EC, submitted a formal letter to the BOT.
•The BOT previously detected over 250 million baht in unusual cash withdrawals during the past 10 days, focusing on 100 and 500 baht notes.
•The suspicious cash withdrawals are suspected to be linked to election irregularities, prompting further investigation.
•The Bank of Thailand (BOT) has agreed to provide the requested transaction details to the EC by the evening of January 30, 2026.
•The BOT has forwarded findings of abnormal cash withdrawals to the Anti-Money Laundering Office (AMLO) for investigation.
•A representative from the BOT is scheduled to deliver the transaction data to EC Secretary-General Sawang Boonmee at the EC office on the evening of January 30, 2026.

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Key Quotes

Korchit Jaroen-in

"To know the details of transfers or cash disbursements in cases of abnormality during the period of managing the MP elections."

เพื่อให้ทราบรายละเอียดการโอน หรือการเบิกจ่ายเงินในกรณีที่มีความผิดปกติ ในช่วงระยะเวลาการจัดการเลือกตั้ง สส.

Key Entities

Organization

EC(กกต.)ℹ️

The Election Commission of Thailand, responsible for overseeing elections and investigating irregularities.

BOT(ธปท.)ℹ️

The Bank of Thailand, responsible for monetary policy and financial system stability, and the entity that flagged unusual cash transactions.

Bank of Thailand(ธนาคารแห่งประเทศไทย)ℹ️

The central bank of Thailand, which identified irregularities in cash withdrawals and is providing data to the EC.

Anti-Money Laundering Office(สำนักงานป้องกันและปราบปรามการฟอกเงิน)ℹ️

A Thai government agency tasked with preventing and suppressing money laundering, to which the BOT has reported suspicious transactions.

AMLO(ปปง.)ℹ️

Acronym for the Anti-Money Laundering Office, now investigating suspicious financial activities reported by the BOT.

Person

Korchit Jaroen-in(นายครรชิต เจริญอินทร์)

Deputy Secretary-General of the EC who personally submitted the request letter to the BOT.

Sawang Boonmee(นายแสวง บุญมี)

Secretary-General of the EC, who will receive the transaction details from the BOT.