Real estate, vehicles, and other products with a B1 billion full price are connected to the case that started in 2021.
PUBLISHED: January 6, 2024, at 18:03.
According to the Office of the Narcotics Control Board ( ONCB), police have taken additional assets from a significant transnational drug network in Bangkok, bringing the total amount of property seized since 2021 to more than one billion baht.
The ONCB, Metropolitan Police Bureau, and Patrol and Special Operations Division worked together to carry out the operation on Saturday.
Authorities first became aware of the group in February 2021 after the imprisonment of 11 suspects and the arrest of 4.16 million meth pills, 9 kilograms of diamond morphine, and 5 kg of cannabis, according to ONCB secretary-general Pol Lt Gen Panurat Lakboon.
A stranger named Min Min Wu was detained on March 6, 2022, as a result of an investigation into the deal road that followed. He was apprehended while taking cash out of a bank account connected to the crew in Tak’s Mae Sot neighborhood.
It was thought that Min Min Wu was in charge of the show’s acquisitions and financial dealings. Investigators thought that there were still more assets to be found despite the confiscation of money plus assets totaling about 517 million baht, including corporate buildings, homes, and cars.
Raids in Bangkok’s Prawet, Bang Kapi, Phra Khanong, Klong Toey, and Watthana towns occurred on Saturday as a result of new data, according to Pol Lt Gen Panurat.
The police defrosted 16 intended assets, including five condominium models worth a total of 537.9 , million baht and 10 homes in an area of Srinakarin. The total amount was 1.05 billion ringgit after additional spasms.
The case, according to Pol Lt Gen Panurat, was connected to raids on seven drug networks between 2020 and 2021, one of which was discovered to have transferred funds from southern Thailand to international drug rings in northeastern Thailand. Some of the funds were sent abroad, while others were used to purchase silver, cryptocurrencies, and real property in the heart of Thailand.
According to Justice Minister Tawee Sodsong, officers will continue to enlarge the research to identify all suspects, stop the spread of drugs across the nation, and destroy and freeze the assets of significant drug networks.