Author Topic: DSI finds 32 universities involved in loans scam  (Read 798 times)

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Offline thaiga

DSI finds 32 universities involved in loans scam
« on: February 21, 2012, 11:26:44 AM »
The Department of Special Investigation has found 32 universities have been involved in irregularities in the student loan scheme.

DSI director-general Tarit Pengdith said the agency will ask the Special Case Commission on Feb 29 to consider accepting the investigation.

Mr Tarit said the DSI has found some irregularities in the management of the Student Loan Fund (SLF) and Income Contingent Loan (ICL) scheme between 2006 and 2007.

Staff from 32 universities around the country are suspected of involvement in the scam.

The government allocates a budget of 4 billion baht to the SLF and ICL annually.

Mr Tarit alleged that officials convinced students who had applied to enrol at their universities to apply for loans from the two funds.

However, some students who were approved for loans did not then enrol in those universities.

Nevertheless, it was found university officials did not cancel those students' loan applications.

They proceeded with the applications, and Krung Thai Bank transferred the money to the universities.

This was not passed on to the applicants, who ultimately did not attend the universities. :evilgrin

However, years later, they received letters from Krung Thai Bank asking them to repay the loans that had not reached their hands.

Those students have since refused to make the repayments.

Mr Tarit said he had asked DSI investigators to identify which officials were involved. The loans ranged between 80,000 and 120,000 baht per student.
http://www.bangkokpost.com/news/local/280762/dsi-finds-32-universities-involved-in-loans-scam
Anyone who goes to a psychiatrist should have his head examined.
 

Lebowski

  • Guest
Re: DSI finds 32 universities involved in loans scam
« Reply #1 on: February 21, 2012, 01:41:00 PM »
Can't say I'm too surprised.  ::)

The usual snouts in troughs routine, sneaky bastards. A scam a day keeps honesty away.

 

Offline Johnnie F.

University staff face legal action
« Reply #2 on: February 24, 2012, 02:13:16 PM »
University staff face legal action

The Department of Special Investigation (DSI) is set to take criminal action against a number of university staffers who allegedly induced students into signing up for loans from two government funds, which they never received, or even enrolled for.

Although the staffers, of an unspecified university, had returned the money to the funds on behalf of the duped students, the crimes had been committed and they must face criminal action, directorgeneral Tharit Phengdit said yesterday.

The DSI is also looking into similar complaints or occurrences reported at 32 government and private universities, mostly located in Si Sa Ket and Ubon Ratchathani in the Northeast. Complaints were made by 47 students claiming to have been duped but were still required by the funds to repay the loans, which they never received or applied for.

According to the complaints, lecturers and staffers of universities in both provinces had offered loans and studies to students in 2006. They agreed to enrol and sign loan papers, but were never contacted. The students began making complaints to police and both funds after they were required to repay the loans in 2010.

The Krung Thai Bank, which offered the loans through the two funds, is demanding a total of Bt3,721,340 from the 47 students, who were given certain sums by the staffers, and then told they would have to repay the balance to the bank.

The first Bt4.8 billion in loans was offered through the two funds in 2006 to students at 903 colleges and universities. A new offer made a few years later brought the number of students obtaining loans to 315,000.

The Nation
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