Bangkok: 'Madam Oi' has firmly denied allegations that she gave 71 million baht to 'Lawyer Tum' out of affection, clarifying that the money was intended for investment purposes. The statement was made as she, alongside her personal secretary 'Phi Noi', addressed the ongoing controversy surrounding the substantial financial transaction. Lawyer Tum, also known as Mr. Sittra, had previously claimed that the amount was given as a gift. However, Madam Oi countered this narrative, questioning the existence of a contract if the money was indeed a gift, and emphasized that the funds were meant for investment, as proposed by Lawyer Tum. He reportedly promised to establish himself by giving the money to an adult if the investment succeeded. According to Thai News Agency, Madam Oi also dismissed accusations from Lawyer Tum regarding tax evasion. She clarified that the transfer of funds from her personal account in France did not require additional documentation, apart from stating the reason for the transfer, which was for investment purposes. The transfer process involved a fee of 32.08 euros deducted in France, followed by a 3,000 baht deduction when the money reached Deutsche Bank in Thailand. Subsequently, a 520 baht fee was incurred when transferring the money to her Pak Chong branch account. Thus, any allegations of disguising transactions or evading taxes are unfounded. Addressing further claims, Madam Oi explained the tax implications if the money were directly transferred from her account in France to Lawyer Tum's account in Thailand, which would incur a 60 percent tax. This situation led Lawyer Tum to suggest that the transfer to her own account was a strategy to avoid taxes. However, Madam Oi pointed out that the responsibility for any alleged tax evasion ultimately falls on Lawyer Tum.
Madam Oi Refutes Claims of Affectionate Financial Gift to Lawyer Tum.
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