35 motor boats snapped up at auction of Phuket tour firm’s assets
The Anti-Money Laundering Office’s auction of 151 assets seized in July from a network of allegedly illegal tour firms operating under the Phuket-based Tranlee Travel Co Ltd attracted a lot of interest from buyers, including tour operators and members of
The auction, which continues until Friday, presented 35 motor boats for sale on the first day, all of which fetched good prices. Other assets due to go under the hammer include 116 air-conditioned buses and double-decker coaches.
Arrest warrants were issued for two Tranlee executives, Weerachai Kampaipraphan and Krichakorn Rungmongkolnam, for allegedly being foreigners who assumed Thai nationality to register a tourist business in the island province. Krichakorn was arrested in June, but Weerachai remains at large. Tranlee was established in Phuket in 2001 and has 17 affiliated companies – 15 in Phuket and two in Phang Nga.
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