PUBLISHED: 29 Apr 2024 at 16: 36
According to a top Office of the Attorney General standard, public prosecutors will ask the Civil Court for the expropriation of further property worth almost 3 billion baht from people connected to the scandal-hit Stark Corporation.
Wirun Chanthananan,  , director- general of the Department of Special Litigation ( DoSL), said the planned asset seizure request follows the Anti- Money Laundering Office’s ( Amlo ) decision in February to freeze 2.89 billion baht worth of assets from people accused of colluding in fraud.
He said , Amlo , forwarded important documents and relevant information to the office on April 23, seeking a jury decision for assets confiscation. Within 90 days of the ice attempt, a request for the confiscation of assets may be submitted to the courtroom.
The DoSL’s working board was going over the situation and expected to request a jury attempt by the May 12 date, he said.
Mr. Wirun claimed that the ministry recently requested the arrest of 355 million baht of assets connected to the Stark controversy. Amlo ordered the freezing of this section of the property in November of last year.  ,
He said the planned request  , would bring the total assets to be confiscated to 3.2 billion baht. He pointed out that the Stark scandal’s economic harm was thought to be worth 40 billion baht.
Amlo , may question the office to get more spasms whenever it locates resources linked to Stark, he , said.
Mr. Wirun stated that the case’s judicial investigation was scheduled for June 10 for testimony and evidence interviews.
The Department of Special Investigation has recommended legal actions against seven Stark workers and five firms for alleged fraud, scams, embezzlement , and , money laundering under the Securities and Exchange Act.
The seven accused were identified as Stark’s largest shareholder Vonnarat Tangkaravakoon, former board member Chinawat Assavapokee, past chief financial officer Sathar Chantrasettalead, former chief marketing Kittisak Jitprasertngam, Mr Sathar’s former minister Yosabavorn Amarit, previous head Chanin Yensudchai and director Nattaya Prabpetch.
The five companies were Stark and its subsidiaries- Phelps Dodge International ( Thailand ), Thai Cable International, Adisorn Songkhla , Co , and , Asia Pacific Drilling Engineering.
Mr Wirun also said the department, Amlo , and , the Civil Court have agreed to improve efficiency and expedite money- laundering cases which cause extensive damage to the economy by sharing information electronically.