Thailand: Money trail points to bribery in mine dispute

An inquiry panel looking into kickback allegations involving an Australia-based gold mining firm and Thai state officials has found documents that might prove the company had paid bribes to the officials, according to graftbuster Supa Piyajitti.

Ms Supa, a member of the National Anti-Corruption Commission (NACC), said the panel has obtained emails showing the financial routes of the alleged bribes with money being wired to Hong Kong and Singapore.

The anti-graft official was giving an update on the inquiry into the allegations that Kingsgate, the parent company of Akara Mining Co or Akara Resources Plc, paid bribes to Thai state officials to secure concessions and authorizations needed for gold mine explorations and operations in the provinces of Saraburi, Phetchabun, Phichit and Phitsanulok — allegations which the company strongly denies.

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(Photo: istock)

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