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SEC and ECD take enforcement action against a network of Thai and foreign individuals


27 October 2026


The Securities and Exchange Commission (SEC), represented by Ms. Pornanong Budsaratragoon, Secretary-General, joined the Economic Crime Suppression Division (ECD) and the Anti-Money Laundering Office (AMLO) at a press conference on law enforcement action against a network of Thai and foreign individuals in a case involving the use of overseas entities and funds to hold VGI shares on behalf of the ultimate beneficial owners (UBOs) in order to conceal their identities. The case resulted from close coordination and integrated efforts between the SEC and ECD, together with cooperation from domestic law enforcement agencies and foreign regulatory authorities.

Mr. Kamonsit Wongbutnoi, AMLO Deputy Secretary-General, and Pol. Gen. Itthipol Achariyapradit, Deputy Commissioner-General of the Royal Thai Police, also participated in the press conference, which was held at the ECD on 27 October 2026.