Staff from the US Embassy in Bangkok have been asked to check questionable US-dollar banknotes found in deposit boxes owned by fraud suspect Supachai Srisupa-aksorn, the former chairman of Klongchan Credit Union Cooperative.
The Department of Special Investigation and embassy staff will meet tomorrow to authenticate the US "money".
Notes with supposed face value of US$1 million (S$1.3 million) and a Dutch note with "value" of 1 million euros were found in deposit boxes at his personal offices at U-Tower building in eastern Bangkok, said Somboon Sarasit, a senior DSI agent.
The DSI "froze" documents such as land title deeds, bonds, money orders and a large number of foreign banknotes found in the boxes. These assets will be seized and changed into money that will be returned to many cooperative clients hit by Supachai's alleged embezzlement of their savings.
Also found in Supachai's possession were permits for gold mines and logging, documents for a project for an military training field with Laos' Defence Ministry in return for some 200,000 cubic metres of wood, plus money orders issued on behalf of a cooperative affiliated with Klongchan, Somboon said.