NCPO threatens to block dubious financial transactions
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STRONG CONTROLS such as the freezing of suspicious financial transactions will be used to suppress corruption, drug trafficking and money laundering if financial institutions and other agencies failed report on dubious accounts, assistant Army chief Lt-Ge
Paiboon said the National Council for Peace and Order (NCPO) had to examine some suspicious bank accounts after raids at some people’s homes turned up 40 empty suitcases that are believed to have been used to transport cash. He was speaking at a meeting with the Anti Money Laundering Office (AMLO) Wednesday.
The Nation
