Thailand’s 10th richest man jailed 24 years over illegal golf resort expansion into protected land

Thailand’s 10th richest man jailed 24 years over illegal golf resort expansion into protected land
Thailand’s 10th richest man jailed 24 years over illegal golf resort expansion into protected land

Hello and welcome to the details of Thailand’s 10th richest man jailed 24 years over illegal golf resort expansion into protected land and now with the details

Nevin Al Sukari - Sana'a - Anti-graft prosecutors filed a case in 2021 accusing metal magnate Prayudh Mahagitsiri of colluding with officials to obtain land deeds to extend his Mountain Creek Golf Resort and Residences. — iStock pic via TODAY

BANGKOK, May 2 — A Thai court has jailed a billionaire businessman for 24 years after expanding his luxury golf resort into a nature reserve, local media said.

Anti-graft prosecutors filed a case in 2021 accusing metal magnate Prayudh Mahagitsiri of colluding with officials to obtain land deeds to extend his Mountain Creek Golf Resort and Residences.

The 900-acre (360-hectare) 27-hole resort in Nakhon Ratchasima province, north-east of Bangkok, bills itself as "a sensory multiplex for those with lofty desires".

But authorities said 74 acres added to the development fell within areas protected by conservation laws.

The Central Criminal Court for Corruption and Misconduct yesterday found 79-year-old Prayudh guilty of multiple charges including bribery and land encroachment, local media outlets said.

He was sentenced to 24 years alongside 10 other defendants including his daughter, who was handed a 12-year jail term.

Prayudh is filing for an appeal, reports said.

He has an estimated net worth of US$2.6 billion (RM11.1 billion), according to Forbes, with business interests in steel and coffee.

Forbes ranked him Thailand's 10th richest individual in 2024.

Golf is a major Thai tourism draw, particularly among enthusiasts from Europe, Japan and South Korea.

However, the sport is often criticised by environmental campaigners because it converts tracts of wilderness into pruned grass greens requiring intensive watering. — AFP

These were the details of the news Thailand’s 10th richest man jailed 24 years over illegal golf resort expansion into protected land for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Ex-HK lawmaker Claudia Mo calls her national security jail term ‘Kafkaesque’
NEXT US, Ukraine ink minerals deal after delay, with Trump tying aid to access

Author Information

I am Joshua Kelly and I focus on breaking news stories and ensuring we (“Al-KhaleejToday.NET”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Al-KhaleejToday.NET specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 838 Emily Drive Hampton, SC 29924, USA Phone: (+1) 803-887-5567 Email: [email protected]