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Police

MP Phawut Questioned Over 28 Million Baht Trading Funds

MP Phawut Pongwittayapanu was questioned by Thailand's DSI for three hours over 28 million baht in his trading accounts, claiming the funds came from legitimate forex investments rather than illegal activities, though he declined specific d

MP Phawut Questioned Over 28 Million Baht Trading Funds
6 Jul Khaosod

MP Phawut Pongwittayapanu underwent questioning by Thailand's Special Cases Investigation Department (DSI) for over three hours on July 6, 2026. He stated he could answer many questions about the source of funds in his accounts, backed by documentation. However, DSI had additional questions regarding other individuals involved, requiring him to return with further documents and information.

Regarding the 28 million baht in circulation, Phawut insisted the money did not come from illegal activities but declined to reveal details due to the ongoing case. He explained it related to forex trading conducted over 1-2 years with periodic income flows, ultimately admitting he suffered losses from his investments. When asked about companies named in the DSI investigation, he said he is no longer an executive at those firms and doesn't recognize some of them, promising to verify the information.

Concerning the France trip with a broker group, Phawut clarified it was a rewards redemption from product purchases, not a business trip, and he never solicited the public to invest in forex trading. While videos of his statements were circulated, he maintained they were personal investment experiences, not promotional material, and he received no benefits from the broker company.

Phawut expressed relief after the interrogation, noting he had wanted to meet with DSI earlier but had prior parliamentary commitments. He reiterated he has no connection to pyramid schemes or fraudulent networks, his current status is witness not suspect, and the funds came from legitimate sources unrelated to scams.

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