The Phuket News Premier League predictions The Phuket News Kata Rocks The Phuket News Outrigger Koh Samui Beach Resort
The Phuket News Phuket News
The Phuket News Phuket | Thailand | World | Business | Q&A | Weird World XML, RSS, Feed
The Phuket News The Phuket News
The Phuket News

Phuket Chinese tour group seized assets sell-off raises B200mn

PHUKET: The last of the assets seized by Anti-Money Laundering Office (Amlo) from the now-defunct Phuket-based 'zero-baht' Chinese tour operator Tranlee Travel Co Ltd went under the hammer yesterday (Mar 20), bringing the total raised to state coffers to more than B200 million.

Chinese, tourism, transport, crime, economics,


Eakkapop Thongtub

Tuesday 21 March 2017, 11:08AM


The auction, held at the Phuket City Municipality offices in Phuket Town, was the fourth and final session to see all 151 assets seized in raids last year auctioned off, with yesterday’s session raising more than B18mn.

The auction yesterday saw 15 buses sold, some with “T L Better Way” emblazoned in Thai script on their sides. Unlike previous sessions, only 16 bidders attended the auction.

Paworanan Thammanyutanan, chair of the Amlo committee tasked with holding the auctions, pointed out that the mass sell-off of seized assets was at the order of Amlo chief Pol Gen Chaiya Siriamphankul.

Ms Paworanan hailed the auctions as a success, noting that closing bids were consistently higher than bid start prices.

C and C Marine

“The assets sold at this fourth session raised B18,470,000, but the starting bids for the 15 buses totalled B15,055,000,” she said.

“In total, from the 151 assets sold, the return to the government was B204,894,000 from total listed prices of B157,704,000, so, the net gain was more than 29.92%. I would say that the auctions achieved their goal,” Ms Paworanan added.

The first auction, held Sept 6 last year, raised more than B71mn. (See story here.)

That auction followed more than 100 officers including police, military and Amlo officials raiding 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 Phuket News
The Phuket News
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.
Comments Here:
Username:
Password:
E-mail:
Security:
    Forget your password?

Be the first to comment.

The Phuket News
The Phuket News The Phuket News The Phuket News
The Phuket News
Share this
The Phuket News
Have a news tip-off? Click here
The Phuket News
Related stories
The Phuket News
Phuket community

Recent Comments


Chinese tourists rescued from dangerous Phuket surf

If it's not the tour buses, it's the ocean. Phuket seems to be a killing field for Chinese tourists....(Read More)


Patong residents plea against forced evictions for B6bn tunnel

I am surprised by reading about EXAT's Land Division officials statement. The poison is in the tale. EXAT just state that it will pay landowner...(Read More)


Going Down: Businesses on Phuket’s famed Bangla Rd suffer as clientele dries up

Phuket has lost it's Good Tourists !Especially Individual Tourists and small Groups of family or friends. NOW Phuket shot itself in the foot wit...(Read More)


Phuket rescue workers appeal to Chinese gods for a ‘safer’ Patong Hill

Was this a spiritual medium happening about 50 years ago? A article about how people felt and believed at that time? By the way, Patong Hill is sa...(Read More)


Canadian tourist charged for killer Phuket U-turn

Also condolences to family dead motorbikers. If a motorbiker not drive according the thai traffic laws, meaning, wearing a helmet, obey speed signs, ...(Read More)


Login game premier league competition

Hi, Is it only me or have you not included the Man City result from monday night ....(Read More)


Phuket rescue workers appeal to Chinese gods for a ‘safer’ Patong Hill

They should ask that poor lady with the house at the bottom of the hill to put up a big shrine to the Chinese gods in her front yard. We'll see ju...(Read More)


Going Down: Businesses on Phuket’s famed Bangla Rd suffer as clientele dries up

I don't go to Patong, i went once when i came her 5 years ago, but because of the greedy mindset of the Thias who want to cream as much money as t...(Read More)


Canadian tourist charged for killer Phuket U-turn

Firstly, sincere condolences to the dead motorcyclist's family & friends. Too bad he was not wearing a helmet which is Thai Law. It may hav...(Read More)


Canadian tourist charged for killer Phuket U-turn

I would recommend to leave a.s.a.p. Horst...(Read More)

The Phuket News
Bangkok Hospital Phuket
PHUKET NEWS
Phuket
Thailand
World
Business
Q A
Weird World
ARCHIVE
POLL
CURRENCY
WEATHER
PHUKET TIDE TABLE
The Phuket News PHUKET LIFE
Phuket Arts
Phuket Community
Phuket Culture
Phuket Dining
Phuket Education
Phuket Entertainment
Phuket Environment
Phuket Health
Phuket People
Phuket Technology
Phuket Travel
Photo Galleries
COLOURING BOOK
The Phuket News PHUKET SPORT
Phuket
Thailand
World
SURF REPORT
PREDICTIONS
The Phuket News PHUKET CLASSIFIEDS
Phuket Buy and Sell
Phuket Jobs
Phuket Property
Phuket Cars and Boats
Phuket Community
Phuket Services
SEARCH CLASSIFIEDS
POST CLASSIFIED
The Phuket News The Phuket News PHUKET EVENTS
Phuket Event listings
Phuket Event calendar
Buy Tickets
POST EVENT
The Phuket News PHUKET DIRECTORY
Phuket Bars, pubs and clubs
Phuket Hotels and villas
Phuket Restaurants
Phuket Yellow Pages
POST LISTING
The Phuket News BARGAINS
The Phuket News ABOUT US
The Company
Distribution points
Subscribe
Advertise with us
Pay for advert
Contact us
CONTESTS
Content Google Map
Site map
Australian Visa Services
 
Currency - The Phuket News   Weather Report - The Phuket News   Surf Report - The Phuket News
LinkedIn - The Phuket News   Twitter - The Phuket News   YouTube - The Phuket News   Facebook - The Phuket News
Copyright © 2017 Class Act Media. All rights reserved. | Website usage terms and conditions | Privacy and Confidentiality Statement.