THE PAVILIONS PHUKET BRITISH INTERNATIONAL SCHOOL, PHUKET
THE PAVILIONS PHUKET BRITISH INTERNATIONAL SCHOOL, PHUKET Kata Rocks
The Phuket News Novosti Phuket Khao Phuket

Login | Create Account | Search


First day of Chinese tour company seized assets auction rakes in B71m

First day of Chinese tour company seized assets auction rakes in B71m

PHUKET: The first day of the mass auction of assets seized by the Anti-Money Laundering Office (Amlo) in raids on the now-defunct Tranlee Tour company in Phuket raised more than B70 million – more than double than the starting bids suggested.


By Tanyaluk Sakoot

Tuesday 6 September 2016, 06:29PM


The assets were seized when more than 100 officers including police, military and Amlo officials raided companies operating under the Tranlee Travel Co Ltd network of businesses at Rassada and Koh Siray, on the east side of Phuket Town, on July 6. (See story here.)

The auction began today (Sept 6) at the Phuket City Municipality meeting room, from 10am to 4pm.

“We had a good response from people today, and it is just the first day of the auction,” Theppasu BavornChotidara, Director of Amlo’s Financial Intelligence Division, told The Phuket News.

“The starting bids for the 34 assets sold today totalled B31,389,000, but actually sold for B71,534,000 – more than double the starting bids,” he said.

“The cruise boat Sampaothong boat had a starting bid of just B4 million, but was sold for B12.9 million,” he added.

Thai Residential

A further 116 items have yet to be sold in the coming days, Mr Theppasu said.

“Tomorrow, all the buses and transportation vehicles will be up for auction,” he noted.

The auction will continue tomorrow and Thursday (Sept 7-8), from 10am to 4pm, at the meeting room at the Phuket City municipality building in Phuket Town.

All proceeds from the auction will be transferred to the Ministry of Finance, in accordance with the Anti-Money Laundering Act, Mr Theppasu said.

Comment on this story

* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.

CAPTCHA

Be the first to comment.

Have a news tip-off? Click here

 

Phuket community
Woman escapes serious injury as motorbike crushed by truck in front of hospital

Obeying traffic laws saves lives.A very clever conclusion.Who would have thought it ?But actually it...(Read More)


Chinese tourists rescued from Phuket surf die in hospital

@R. Believe it or not,but people die,even in hospitals !...(Read More)


Woman escapes serious injury as motorbike crushed by truck in front of hospital

No need to investigate further with Insp K on the case....(Read More)


Phuket driver ploughs through speed-limit sign while picking up phone

Sorry to hear that this reckless ass walked away unscathed. As a result, no lesson will be learned,...(Read More)


Chinese tourists rescued from Phuket surf die in hospital

The continued death toll of drowning tourists sends a clear international message that Phuket offici...(Read More)


Chinese tourists rescued from Phuket surf die in hospital

Seems like the hospital of death, doesn't this make it 3, in a week, at the same hospital, under...(Read More)


Phuket driver ploughs through speed-limit sign while picking up phone

And this are the idiots you unexpected can 'meet' when you just drive on Phuket roads. You n...(Read More)


Woman escapes serious injury as motorbike crushed by truck in front of hospital

When all road users on Phuket, regardless thai or foreigner, obey traffic laws, speed advices, and s...(Read More)


Woman escapes serious injury as motorbike crushed by truck in front of hospital

A typical thai road situation. Truck driving to much at middle of the road, not respecting the yello...(Read More)


Husband flees wife with their winning lottery ticket

Funny story, Lovely! Joke of the day: " Go to Court"! Hahaha....(Read More)