Phawut Appears For Forex Investigation, Denies Recruitment Role

At 2:35 p.m. on July 6, 2025, at the Department of Special Investigation, MP Phawut Pongwittayapanu arrived as a witness in a Forex-related case after being summoned by officials. Accompanied by his lawyer, Phawut briefly spoke to media, stating he was prepared to clarify everything transparently and submit evidence since he had all the necessary documentation. "I'm not a perpetrator, just a suspect," he said. When asked if he had recruited anyone, Phawut laughed and replied, "I didn't recruit anyone. I'm just a trader." He then went upstairs to provide information to investigators and promised to give further clarification to the media afterward. Phawut appeared calm and smiling throughout the process.

Phawut must explain the 28-million-baht transfer from Spark Digital Limited to his personal bank account on July 18, 2024, made in 14 installments of 2 million baht each. He previously stated this was for gold trading and must now provide complete documentation of the gold trading transactions, including the companies involved, trading timelines, and returns. Additionally, investigators are examining his positions as director or shareholder in companies connected to the financial network shown in the DSI investigation diagram, including investment broker groups and payment companies with interconnected financial flows.

Furthermore, Phawut appeared in a promotional video with QRS Global discussing his trading experience and earned reward points for a mobile phone. All these matters require explanation and supporting evidence from Phawut.