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Loot from Supoth's home traceable, central bank says
Who withdrew the money stolen from Supoth Sublom’s house can be tracked, the Bank of Thailand said yesterday.
If the name of the commercial bank from which the money of the permanent secretary of the Transport Ministry was withdrawn is known, then authorities can trace who withdrew that money, said Nopporn Pramojanee, assistant governor overseeing the notes-issuing department.
“Generally, a bank’s branch mangers will ask those who take out large sums of money from the bank [even it is not more than Bt2 million] why they withdrew that money, and the managers are expected to know their names,” he said.
The central bank is waiting for the request for collaboration from the National Anti-Corruption Commission, he added.
Duty waiver on auto parts proposed to help industry
The Finance Ministry will propose to the Cabinet today a waiver of import duties on auto parts, car-production machinery and completely built-up cars with retroactive effect from October 23 to help flood-hit automotive businesses until they can resume normal production and operations.
Somchai Sujjapongse, director-general of the Fiscal Policy Office, said yesterday that the proposal would also determine the duration of the waiver and the number of imported parts or cars to be eligible for this measure.
Bangchak president urges delay on diesel excise
Anusorn Sangnimnuan, president of Bangchak Petroleum, said yesterday that the government should postpone the plan to levy the excise tax on diesel by one-quarter to help ease the cost of living.
The tax levy will raise the diesel price to Bt32-Bt36 per litre.
The government plans to raise the diesel tax in January but has yet to decide by how much. The Democrat-led government in April cut the excise tax on diesel to Bt0.005 per litre from Bt5.31, a reduction that was due to end in September. The current government extended the cut to next month.
Anusorn also forecasts the Dubai crude oil price at US$102-$107 per barrel next year versus about $105 per barrel this year, driven by rising oil demand in Asia.
SC Asset debenture issue planned for next month
SC Asset Corporation plans to sell debentures worth Bt2 billion from December 13-15.
The bonds mature in three years and six months. The interest rate is 5.75 per cent for the first three years and 6.10 per cent for the last six months.
