Law
Police Investigate Foundation Linked to Former Monk for Potential Money Laundering
Thai authorities are investigating a foundation established by a former abbot, suspecting it may be involved in money laundering activities.
According to a report by Khaosod Online Thailand on September 12, 2026, the Crime Suppression Division is investigating a foundation established earlier this year by Mr. Atichot Thanprasert, a former abbot of Wat Phutthaisawan in Ayutthaya province.
Police Major General Phatthanasak Bupphasuwan stated that investigators are currently examining the foundation's financial records. Authorities have noted similarities between the foundation's operations and those of Wat Phra Baht Nam Phu, leading to suspicions that the entity might be used for money laundering. The police are coordinating with the Anti-Money Laundering Office (AMLO) to trace the origin and destination of funds flowing through the organization.
For residents and visitors, this investigation highlights the complexities surrounding temple-related financial activities. The police noted that tracking revenue from the long-standing production of amulets and sacred objects is difficult, as many transactions are conducted in cash or via non-transparent bank transfers. Consequently, it remains unclear whether proceeds from these religious items are being directed into the foundation or other accounts.
As of now, the investigation is ongoing. Key details, such as the full list of board members and the specific intent behind the foundation's establishment, remain to be confirmed by the authorities. The public is advised that the investigation is in its preliminary stages.
