THURSDAY, March 28, 2024
nationthailand

AMLO seizes Bt4.6 billion assets from transport firm

AMLO seizes Bt4.6 billion assets from transport firm

The Anti-Money Laundering Office (AMLO) has seized Bt4.6 billion worth of assets belonging to OA Transport Company in Phuket and other provinces following a court judgement as compensation for dodging tax.

AMLO seizes Bt4.6 billion assets from transport firm

The announcement was made by Royal Thai Police deputy chief General Rungroj Sangkram, AMLO secretary-general General Preecha Jaroensahayanon and Immigration Police chief Lt-General Surachate Hakparn at the Police Region 8 headquarters in Mai Khao on Monday.

AMLO seizes Bt4.6 billion assets from transport firm
Rungroj said AMLO had seized assets worth Bt4.6 billion from Tongchai Rungrojrangsri or OA Transport Company. The seized assets included land and properties in Bangkok, Phuket, Chon Buri, Nonthaburi and Nakhon Pathom provinces, jewellery shops in Phuket and cash in the bank.

AMLO seizes Bt4.6 billion assets from transport firm
“The company has avoided tax from 2011 to 2016, which has cost the Revenue Department more than Bt7 billion,” Rungroj said.
“The company is now free to operate its services as the court has ruled only to seize land and buildings as compensation. They can still sell their products and services.”

Source: thethaiger.com

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