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Phuket Chinese tour group seized assets sell-off raises B200mn

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Phuket Chinese tour group seized assets sell-off raises B200mn

Eakkapop Thongtub

 

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The auction yesterday saw 15 buses sold, some with “T L Better Way” emblazoned in Thai script on their sides. Photo: Eakkapop Thongtub

 

PHUKET: -- The last of the assets seized by Anti-Money Laundering Office (Amlo) from the now-defunct Phuket-based 'zero-baht' Chinese tour operator Tranlee Travel Co Ltd went under the hammer yesterday (Mar 20), bringing the total raised to state coffers to more than B200 million.

 

The auction, held at the Phuket City Municipality offices in Phuket Town, was the fourth and final session to see all 151 assets seized in raids last year auctioned off, with yesterday’s session raising more than B18mn.

 

The auction yesterday saw 15 buses sold, some with “T L Better Way” emblazoned in Thai script on their sides. Unlike previous sessions, only 16 bidders attended the auction.

 

Paworanan Thammanyutanan, chair of the Amlo committee tasked with holding the auctions, pointed out that the mass sell-off of seized assets was at the order of Amlo chief Pol Gen Chaiya Siriamphankul.

 

Full story: http://www.thephuketnews.com/phuket-chinese-tour-group-seized-assets-sell-off-raises-b200mn-61467.php

 
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-- © Copyright Phuket News 2017-03-21

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200 million baht, nice little earner.

Thats just about 1 Chinese sub paid for.

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3 hours ago, colinneil said:

200 million baht, nice little earner.

Thats just about 1 Chinese sub paid for.

dont worry the wing mirrors will be put on in Malaysia to get around the import tax.

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BANGKOK 25 June 2017 06:59
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