Bt150m in assets seized in Chiang Rai raids

THURSDAY, JUNE 04, 2015
Bt150m in assets seized in Chiang Rai raids

An operation involving raids on 13 locations allegedly linked to drug trafficking in six Chiang Rai districts yesterday resulted in officers seizing assets worth Bt150 million.

These assets are believed to belong to a drug-trafficking gang allegedly led by an inmate in Prachin Buri’s Khao Bin Prison, police said. 
The officers searched a house in Mae Chan district of oil businessman Sompan Liewcharoen, 63, who was accused of laundering money for the drug network led by the inmate. They also seized Bt69 million in cash, 70 bank accounts, four plots of land worth Bt17 million, two cars and two safes. However, Sompan denied any wrongdoing and said he would fight this allegation in court.