Pavuth Denies Forex Charges, Confirms No 800M Baht Trail and Rejects Deal Rumors
List-MP Pavuth Pongvitayapanu meets with DSI investigators to deny all allegations regarding unauthorized Forex trading, clarifies a 28 million baht gold trading money trail, and dismisses claims that his previous TH-AI Passport scrutiny was used to bargain for his legal case.
Stock photo for illustration only, not from the actual event
- List-MP Pavuth Pongvitayapanu met with DSI investigators to formally acknowledge and deny all unauthorized Forex trading charges.
- He confirmed that investigators did not raise the 800 million baht financial trail from news reports, explaining that a 28 million baht link came from gold trading.
- He denied allegations that his criticism of the TH-AI Passport project was a bargain for his legal outcome, confirming he has cleared the air with party members.
At 6:30 PM on August 3, 2026, list-MP Pavuth Pongvitayapanu appeared before investigators at the Department of Special Investigation (DSI) following a second summons to acknowledge charges regarding unauthorized Forex trading. He brought comprehensive documents and evidence to clarify the situation and demonstrate his innocence to the authorities.
Pavuth stated that all evidence he presented has been fully integrated into the case file. He firmly rejected all allegations, noting that he addressed every point transparently and in good faith, while expressing his willingness to provide additional information should investigators request it later.
Addressing previous media reports regarding an 800 million baht financial trail, Pavuth confirmed that investigators did not bring up or charge him regarding this specific amount. Having submitted complete records tracking his financial flows to the DSI, he emphasized that the funds were entirely legitimate, gained legally, and had no connection to scammers or public fraud.
Stock photo for illustration only, not from the actual event
Regarding the 28 million baht sum linked to him by investigators, Pavuth acknowledged that he could fully answer and account for this amount without any concern. He reiterated that the money originated from gold trading alongside other sources. Although he admitted to feeling slightly concerned given the severity of the charges, he understood the duties of the officials and promised full cooperation with zero intention of fleeing.
"If it could be traded for a legal outcome, I wouldn't be standing here. So, absolutely not, it was just criticism in the line of duty."
Pavuth Pongvitayapanu
On criticisms regarding his shifting political stance after the Forex case emerged—despite previously spearheading strict investigations into the TH-AI Passport project—Pavuth explained that his extensive committee workload, which included serving on two committees and chairing two subcommittees, naturally occupied much of his time. With other qualified party members specializing in the subject and his concurrent focus on foreign platform regulations and legal reforms, he needed to reduce his role in that specific project. He stressed that this did not amount to abandoning the issue, and that his previous analysis of the TH-AI Passport was conducted strictly in the line of duty. He also noted that he had apologized and discussed the matter with MP Ice and fellow party members, resulting in mutual understanding and unity.
The appearance of prominent politicians at the DSI regarding Forex cases highlights the ongoing strict regulatory enforcement surrounding financial transactions and public fraud laws in Thailand. Furthermore, shifts in public duties and parliamentary committee roles during legal challenges often draw intense public scrutiny regarding potential conflicts of interest or political motivations.
Source: Khaosod Politics
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