First day of Chinese tour company seized assets auction rakes in B71m

PHUKET: The first day of the mass auction of assets seized by the Anti-Money Laundering Office (Amlo) in raids on the now-defunct Tranlee Tour company in Phuket raised more than B70 million – more than double than the starting bids suggested.

The assets were seized when more than 100 officers including police, military and Amlo officials raided 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.

Full story: thephuketnews.com

Tanyaluk Sakoot