Amlo to seize B300m from ex-MP’s mum

Amlo to seize B300m from ex-MP’s mum

The Anti-Money Laundering Office has decided to seize assets worth 300 million baht from the mother of a former Democrat Party MP.

Amlo secretary-general Seehanat Prayoonrat said the Amlo board expects to confiscate 22 items of assets belonging to Pakinee Suwannapakdi, a former executive of the now defunct First Bangkok City Bank (FBCB).

In 2004, the Bank of Thailand lodged a complaint against Ms Pakini, the mother of Attavit Suwannapakdi, a former Bangkok MP for the Democrat Party, for alleged money laundering.

The Bank of Thailand wanted to seize assets worth 230 million baht from Ms Pakini but the criminal case against her exceeded its statute of limitations after she fled, which resulted in the case against her being dropped, said Mr Seehanat.

However, Mr Seehanat said the central bank later lodged its complaint with Amlo, accusing her of money laundering.

Mr Attavit, however, said on Friday Amlo has a lot of questions to answer about its decision to seize his mother's assets.

He said the case against his mother is linked to bank loans to customers but the customers failed to repay debts because of to the economic crisis which began in 1997.

"It was not that my mother cheated and took the money for her own interest, and Amlo knows about this, but the agency is stubbornly pressing ahead with the case," he said.

In another development, Amlo yesterday seized more assets from former Klongchan Credit Union Cooperative chairman Supachai Srisupa-aksorn.

About 31 million baht's worth of assets including buildings, safety boxes, vehicles, title deeds, passbooks were impounded.

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