The Prayudh Mahagitsiri metallurgy magnate was accused in 2021 by the anti -corruption prosecutor’s office of having heard with civil servants to obtain land titles in order to enlarge its complex, the Mountain Creek Golf Resort and Residences. The site, located in the province of Nakhon Ratchasima, northeast of Bangkok, with an area of 360 hectares, includes a 27-hole golf course. However, justice concluded that the transaction was illegal because 30 hectares added to the project were in protected areas.
10e biggest fortune in Thailand according to Forbes
The central criminal court in charge of corruption and embezzlement affected on Thursday 1is May, Prayudh Mahagitsiri, 79, guilty of several charges, including corruption and land encores, according to the media. He was sentenced to 24 years in prison, alongside 10 other accused, including his daughter, who received a 12 -year prison sentence.
The steel and coffee entrepreneur, whose fortune is estimated at 2.6 billion dollars, according to Forbeswants to appeal. He was classified in 2024 the 10e biggest fortune in Thailand, according to the same newspaper.
Golf is one of the main tourist assets of Thailand. But, this sport is often criticized by environmental defenders, because it transforms expanses of nature into greens requiring intensive watering.
The complex, located northeast of Bangkok, includes a 27-hole golf course over an area of 360 hectares. Photo Mountain Creek Golf Resort & Residences
