Bangkok:The Economic Crime Suppression Division has conducted a raid on two luxury condominiums owned by actress Boom Panadda Wongphudee, confiscating a range of designer items and jewelry. The raid is part of an ongoing investigation into potential misappropriation of donated funds.
According to Thai News Agency, officers from the Central Investigation Bureau, specifically the Economic Crime Suppression Division, executed search warrants at two condominium units located in Soi Ratchakru and Soi Sukhumvit 31 in Bangkok. These properties are associated with Boom Panadda and her close associates, following intelligence reports of possible asset concealment.
The search led to the discovery of numerous boxes containing branded goods, jewelry, and precious stones, with an estimated value in the tens of millions of baht. Investigators have seized these items for further examination to ascertain if they were procured through money laundering or by fraudulent use of donated funds.
The investigation aligns with findings from the financial scrutiny of a foundation's donation account, which indicated that some of the donated funds were used to settle personal credit card bills and were directly transferred to several jewelry stores and luxury goods retailers.