PUBLISHED: 18 Dec 2024 at 05: 02
The Anti-Money Laundering Office ( Amlo ) has announced significant progress in tackling fraud cases, including those involving high-profile lawyer Sittra Biabungkerd, The iCon Group, and Stark Corporation, seizing and freezing assets worth billions.
Following a conference of the invoice council on Monday, Amlo Secretary-General Theppasu Bavornchotidara and official Witthaya Neetham released the findings.
Important details include the arrest and melting of assets related to 12 key cases, generally large-scale fraud, drug-related felonies and virtual gambling networks, comprising over 234 items with profits valued at about 836 million baht.
In the case of prosecutor Mr Sittra and his affiliates, who were charged with fraud and money laundering, Amlo froze three assets, including area, houses, and bank balances, totalling 71 million ringgit.
A full of 122 property and home price about 669 million ringgit were seized from the situation involving Duennapa Kaewkamnerd and her accomplices that were under Amlo’s watch for common fraud.
A Chinese woman and her team are also facing charges of money laundering and fraud in the public. A total of 66 goods, including condominium units and bank accounts, for 78 million ringgit were seized from the situation.
Amlo even confiscated 22 resources, including area, properties and bank balances, amounting to around 81 million baht, of Panuwat Jaiman and partners who were charged with open scam involving money trading.
In the context of the image Group situation, 103 property worth$ 286 million were proposed as state property, and 40 items worth$ 29 million were returned to the claimants who provided evidence of legitimate equity.
Survivors of the case have until Feb 17 to report states, according to Amlo. The company will finally compile a list of claimants and destruction assessments before turning cases over to the civil court to ask for restitution or compensation for victims based on their losses rather than condition appropriation.
Additional activities for the property seized from the situation are being considered by the legal court in connection with Chanin Yensudjai, former president of Stark Corporation. More than 3, 900 victims have been repaid by Amlo, who has turned the case over to the prosecution. This involves 50 assets totalling around 3.24 billion baht.