DSI Conducts Search at Samart’s Residence in The Icon Money Laundering Probe.

Bangkok: The Department of Special Investigation (DSI) conducted a search at the residence of Samart Jenchaijitwanich in connection with a money laundering investigation linked to The Icon Group. The search follows revelations that funds from “Boss The Icon” were transferred to an account belonging to Mr. Samart’s mother.

According to Thai News Agency, the DSI’s money laundering investigation team executed the search at Mr. Samart’s residence, who is a former deputy spokesman of the Palang Pracharath Party (PPRP). The DSI has classified the case involving The Icon Group as a special money laundering case. Investigations have uncovered a financial trail leading to Mr. Samart’s mother’s account, where funds totaling 2.5 million baht from suspects involved in The Icon case were deposited. Officers conducted searches at two locations: Mr. Samart’s luxury residence in the Ratchaphruek-Charansanitwong area and his mother’s home in the Ratchathewi area. During the operation, Mr. Samart was not present, though his m
other was found at one of the residences.

Authorities have taken Mrs. Samart to DSI headquarters for further questioning. Preliminary reports suggest that Mr. Samart is currently in Chiang Mai and has expressed his intention to surrender to authorities the following day.

The DSI has prioritized this case, marking it as the first special case involving The Icon Group, alongside an investigation into the Emergency Decree on Loan Fraud or Ponzi schemes. Investigators have discovered that significant sums of money, approximately 100 million baht, were transferred from suspects known as ‘Boss Paul’ and ‘Boss Peter’ to Mr. Samart’s mother’s account. The investigation remains active as authorities work to unravel the full extent of the money laundering activities.