The Criminal Court for Corruption and Misconduct Cases has sentenced Thai multi-billionaire Prayudh Mahagitsiri to 24 years in prison, for his involvement in malfeasance related to the issuance of land title deeds in the Sikhio district of Nakhon Ratchasima.
His daughter, Usana, was sentenced to 12 years, after being found guilty on the same charges.
The Court stated that Prayudh, 79, president of Thainox Stainless Co., Ltd., which operates a golf resort business in the district, colluded with Land Department officials to acquire land in reserved forest areas on illegally issued title deeds.
The defendants also purchased land with legitimate deeds and connected it to Prayudh’s Mountain Creek golf course, adding over 30 hectares to the existing 369 hectares of the course.
Prayudh is known as a Thai coffee king and, as of 2025, his net worth is estimated at US$2.6 billion, ranking him at 1,462 on Forbes' list of global billionaires and the tenth richest Thai national.
