The Royal Thai Police have confirmed that their investigation into illegal business activities backed by a Chinese criminal group could soon conclude, with 102 suspects arrested and more than 5 billion baht worth of assets seized.
Police General Surachate Hakparn, Deputy Commissioner-General of the Royal Thai Police, recently announced a major milestone in the so-called “grey business” investigation.
The police said the investigation is now 90% complete and is expected to conclude within three weeks. Pol Gen Surachate disclosed that law enforcement had seized additional evidence from an airplane owned by one of the gang members. He added that this additional evidence will be evaluated by the Central Institute of Forensic Science.
Police have seized 5 billion baht worth of assets, which will be handed over to the Narcotics Control Board.
Thai officials have so far arrested 102 suspects linked to the criminal syndicate, including four key individuals, though one key individual – known as “Mr Ming” – is believed to have fled the country. Assets in the form of items, buildings, vehicles and real estate have all been seized.
The police also said they found no connection between the syndicate and any political figures in Thailand. (NNT)