More assets of “Sia Pieng” and accomplices seized

The Anti-Money Laundering Office has agreed to confiscate an additional 2.3 billion baht assets of Sia Pieng and other accomplices convicted of corruption involving the controversial fake G2G rice deals with China.

AMLO acting secretary-general Pol Maj Gen Rommasit Viriyasant said the decision to confiscate additional assets of Sia Pieng or Apichart Chansakunporn and other accomplices convicted was reached at the meeting on Tuesday.

He said AMLO will seize 25 items of assets worth 2.3 billion baht in addition to its earlier nine seizures of their assets worth a combined value of 13 billion baht.

He said the additional seizure came after the Supreme Court’s Criminal Division for Holders of Political Positions on August convicted Sia Pieng’s daughter Ms Tanyaporn Chansakunporn of guilty in the G2G rice deal controversy.

The court’s verdict prompted AMLO to look for her assets which might be concealed in the form of shareholdings by others in her company TC Property.

He said all in all AMLO now seized over 15.3 billion baht from Sia Pieng and those convicted by the court.