News Forum - Police seize nearly 1.4 billion baht assets from alleged drug network in Chiang Rai

[Thaiger]

The Department of Special Investigations seized nearly 1.4 billion baht in assets after searching three houses  in Chiang Rai province yesterday. The houses belong to suspected members of a drug network. The assets included 246 bank accounts, 155 cars and motorcycles worth about 130 million baht, and land title deeds for 232 blocks of land worth about 1.3 billion baht. The DSI also found documents at the houses which showed about 1.9 billion baht in circulation. The deputy director of the Bureau of Consumer Crime Protection said the DSI will summon people who owned the assets to explain how they […]

The story Police seize nearly 1.4 billion baht assets from alleged drug network in Chiang Rai as seen on Thaiger News.

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[DoUKnowWhoIAm]

10 minutes ago, Thaiger said:

will summon people who owned the assets to explain how they were acquired. If they can’t provide credible evidence,

A som tam shop...?

[Thommo]

16 minutes ago, Thaiger said:

The Department of Special Investigations seized nearly 1.4 billion baht in assets after searching three houses  in Chiang Rai province yesterday. The houses belong to suspected members of a drug network. The assets included 246 bank accounts, 155 cars and motorcycles worth about 130 million baht, and land title deeds for 232 blocks of land worth about 1.3 billion baht. The DSI also found documents at the houses which showed about 1.9 billion baht in circulation. The deputy director of the Bureau of Consumer Crime Protection said the DSI will summon people who owned the assets to explain how they […]

The story Police seize nearly 1.4 billion baht assets from alleged drug network in Chiang Rai as seen on Thaiger News.

Read the full story

Looks like there will be some property portfilos and car fleet increases  for some RTP personel very soon

From one crook to another!

[Naanlaew]

Will they receive a finder's fee % and have an opportunity to bid on the vehicles at auction ?

[AdvocatusDiaboli]

55 minutes ago, Thaiger said:

The deputy director of the Bureau of Consumer Crime Protection said the DSI will summon people who owned the assets to explain how they were acquired. If they can’t provide credible evidence, the assets will be confiscated under the Narcotics Act. 

First to be summoned …. Armed Forces Generals, High Ranking Police and ALL government Officials yeah right, you really think that will happen !

[Boddown]

Is it really about stopping the drug trade or more about seizing assets? 

[Guest1]

1 hour ago, Naanlaew said:

Will they receive a finder's fee % and have an opportunity to bid on the vehicles at auction ?

For this?

1 hour ago, Thaiger said:

155 cars and motorcycles worth about 130 million

There is not much to earn with, methinks! In average just the value of a pick up truck

[Fanta]

2 minutes ago, Boddown said:

Is it really about stopping the drug trade or more about seizing assets? 

A real issue in drug related cases is that the police seize everything at the time of arrest, before the trial, from the land titles to the baby’s stroller. The accused are literally left with the clothes on their backs and marched off to the police cells. That leaves the accused with no resources for living costs, bail money or legal fees etc. 

[Soidog]

Oh WOW!  Now this is what I’m talking about. Proper policing this. Can you imagine how excited they must be knowing that they have found 2.8 Billion and declared 1.4?  Am