DSI Arrests Second Suspect in Forex Fraud Case
DSI arrested Ms. Mallika, an executive at a forex brokerage firm, as the second suspect in an ongoing fraud investigation announced by the Justice Minister on July 15, with questioning continuing for other suspects including an MP from Pheu
At 9 a.m. on July 15, 2026, at Government House, Justice Minister Ruetthaipol Naowarat announced that the Department of Special Investigation (DSI) had arrested Ms. Mallika, an executive and board member of a prominent forex brokerage firm, pursuant to a court-authorized warrant. She has been brought in for additional questioning and represents one of two arrest warrants that have now been fully executed.
When asked if Mallika is considered a key suspect, the justice minister confirmed she is a broker and a crucial figure who will undergo further investigation. Regarding whether additional persons need to be apprehended, he stated that all named suspects in the arrest warrants have been taken into custody, though the DSI continues its investigation and may issue summons for questioning—including for MP Phawut Phongwittayapanu from the Pheu Thai party.
On whether Phawut might flee, the minister expressed confidence that he would not, noting that Phawut has already agreed to confirm facts and is expected to be called for questioning during the parliamentary recess. Regarding whether evidence has reached Phawut, the minister said he could not comment and deferred to the DSI.
When pressed on whether all 22 persons summoned by the DSI will comply, the minister acknowledged uncertainty, explaining that when courts do not approve arrest warrants, summons must be issued instead. He noted that compliance depends on the individuals and that there may be timeframes for first and second summons. On observations that the DSI sought arrest warrants directly, he stated this is permissible under law, but the DSI must have sufficient evidence before requesting a court-approved warrant.
