Anti-Money Laundering Office’s 24th Anniversary Achievement of Seizure and Freezing of over 7.4 Billion Baht Worth of Assets connected with the Commission of an Offense in FY 2023
Anti-Money Laundering Office (AMLO) is a government agency not under the Prime Minister’s Office or any ministry. The Secretary-General is directly answerable to the Prime Minister and responsible for general supervision of AMLO’s work.
Since its establishment on 19 August 1999, AMLO has been continuously and strictly driving its anti-money laundering and counter-terrorism and proliferation of weapons of mass destruction financing tasks by supervising, examining, cooperating with all domestic and international partners for proceeding with assets connected with the commission of offenses under law on money laundering and other relevant laws.
AMLO applied various innovations to facilitate the civil and criminal measures to fight against the offenders together with the improvement of officials’ knowledge and skills to gain expertise in the area in keeping up with trends and typologies of ML crimes that are rapidly changing. The ultimate purpose is to ensure that AMLO’s works are done efficiently and effectively.
In its 24th year (FY 2023), under the oversight of Mr. Chatchai Phromlert, Chairman of Anti-Money Laundering Board, and the supervision of Mr. Theppasu Bavornchotidara, Secretary-General of Anti-Money Laundering Board, AMLO could proceed with assets connected with the commission of many predicate offenses under law on anti-money laundering and were able to seize or freeze over 7,400 million baht worth of assets in offenses such as offense relating to fraud with a nature of regular conduct in approximately 5.4 billion baht,
offense relating to organizing gambling through electronic media in approximately 66 million baht, offense relating to public fraud in approximately 236 million baht, offense relating to natural resources in approximately 128 million baht, offense relating to gambling in approximately 125 million baht, and offense relating to narcotics in approximately 94 million baht.
Other major cases were the stock manipulation case of More Return PCL. (over 4.5 billion baht), the online gambling cases of 888point.com, ufalike.com, ufa44.com (over 66 million baht), the online gambling cases of superlotjet.com, jokerwallet.game (over 112 million baht),
the public fraud case of Lak Si Station LLP (over 18 million baht), the case of Aum PSV (over 426 million baht), the theft and document forgery case of Phatthalung Police Cooperatives (over 56 million baht), and the Tarutao National Park – Lipe Island encroachment case (over 130 million baht). The right protection processes were done on the said cases.
Moreover, AMLO collaborates with domestic and international relevant agencies in assets proceedings to seize and freeze assets and in returning funds to damaged persons in cases such as, with the Office of Public Sector Anti-Corruption Commission in the corruption case in Nakhon Ratchasima (over 2.6 million baht), with the Cyber Crime Investigation Bureau and Udonthani Highway Police in the call-center scam case (over 90 million baht), with the Department of National Parks, Wildlife and Plant Conservation, in the encroachment case of Tarutao National Park (over 130 million baht),
with the FBI and The Royal Thai Police in the fraud case that US persons’ funds were defrauded and transferred funds to Thai bank accounts (over 2.7 million baht) and the funds were returned to the damaged persons, and with China police in the fraud case of Chinese persons under arrest warrant (over 530 million baht) and, to date, 400 million baht were returned to the damaged persons.
Stepping into the 25th year, under the oversight of Mr. Chatchai Phromlert, Chairman of Anti-Money Laundering Board, and the supervision of Mr. Theppasu Bavornchotidara, Secretary-General of Anti-Money Laundering Board, AMLO will continue to emphasize on investigation that would lead to seizure and freezing of assets connected with the commission of offenses that will break criminal cycle and stripping the criminal of the funds, as well as to protect the right of damaged persons and to ensure that law enforcement actions were carried out effectively and in line with AML/CTF/CPF international standards.
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