AMLO seizes Bt4.6 billion assets from transport firm

The announcement was made by Royal Thai Police deputy chief General Rungroj Sangkram, AMLO secretary-general General Preecha Jaroensahayanon and Immigration Police chief Lt-General Surachate Hakparn at the Police Region 8 headquarters in Mai Khao on Monday.

Rungroj said AMLO had seized assets worth Bt4.6 billion from Tongchai Rungrojrangsri or OA Transport Company. The seized assets included land and properties in Bangkok, Phuket, Chon Buri, Nonthaburi and Nakhon Pathom provinces, jewellery shops in Phuket and cash in the bank.

“The company has avoided tax from 2011 to 2016, which has cost the Revenue Department more than Bt7 billion,” Rungroj said.
“The company is now free to operate its services as the court has ruled only to seize land and buildings as compensation. They can still sell their products and services.”

Source: thethaiger.com