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Medical glove firm head accused of fraud in Thailand

The top of a medical glove firm in Thailand was arrested Tuesday on accusations of fraud.

Jirabhob Bhuridej, a lieutenant common for the Royal Thai Police, mentioned that a number of overseas corporations had alleged that Sufficiency Financial system Co. had failed to satisfy orders for medical gloves in the course of the pandemic after it had obtained tens of millions of {dollars} in cost, The Related Press reported. Bhuridej mentioned that the CEO of Sufficiency Financial system Metropolis Co., Kampee Kampeerayannon, had been arrested on costs of fraud and posting misinformation on-line.

Among the many complainants have been Florida-based buying and selling firm Rock Fintek, and firms from France and Hong Kong.

In keeping with authorities, Rock Fintek paid a 40 % deposit for 2 million bins of medical gloves — an quantity exceeding $6 million — and by no means obtained the order.

Thai officers additionally on Tuesday introduced a verdict in a medical glove fraud case towards Paddy the Room Buying and selling Co. worker Pipatpon Homjanya, in response to the AP.

Homjanya was discovered responsible of packing low-quality gloves into the bins of respectable medical glove producers and promoting tens of millions to worldwide consumers, in response to the AP. He was sentenced to 4 years in jail.

The arrest and conviction got here after a CNN investigation found Thailand despatched tens of millions of used, substandard medical gloves to the U.S. in the course of the pandemic.

Suppliers dyed the gloves to make them look model new earlier than sending them to the U.S., in response to CNN.

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