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B15mn raised in second ‘zero-baht’ Phuket auction

B15mn raised in second ‘zero-baht’ Phuket auction

PHUKET: The Anti-Money Laundering Office (AMLO) netted B15.58 million this morning (Nov 1) when it managed to sell a further 12 items at the second auction for 39 items seized by AMLO in raids on the now-defunct ‘zero-baht’ Tranlee Tour company.

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By Eakkapop Thongtub

Tuesday 1 November 2016 04:38 PM


The Phuket News was told that only 20 people were in attendance at today's auction. Photo: Eakkapop Thongtub

The Phuket News was told that only 20 people were in attendance at today's auction. Photo: Eakkapop Thongtub

The second auction was held by AMLO at 10am this morning at the Phuket City Municipality office with just 20 bidders in attendance The Phuket News was told.

Included in the 39 items auctioned today were six speedboats and 33 buses worth at total of B43mn.

Director AMLO’s legal department, Mr Wittaya Nititham, said, “Today the auction was very quiet compared to the first, but all six speedboats sold for a total of B8.48mn. In addition, six out of 33 buses sold today for B7.1mn. The total raised from today’s auction was B15.58mn.

“We will again discuss with the committee what we will do with the unsold items, perhaps we will adjust the prices for these items for when we hold the third auction in two months time,” he said.

The first auction of more than 151 items seized from the Tranlee Tour company netted AMLO over B166mn over from three days. (See stories here and here.)