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3 billion baht assets of Chinese grey capitalist seized


JUSTICE Minister Somsak Thepsutin said today (Dec.9) that an additional 3 billion baht worth of assets belonging to the network of Chinese grey capitalist Mr. Chaiyanat Kornchaiyanant, alias Tu Hao, who was earlier arrested on drug charges had been seized, TV Channel 7 said.

At a press conference also attended by former MP Chuwit Kamolvisit who exposed this case, the minister said the seized assets included five title deeds for approximately 39 rai of land and buildings worth around 3 billion baht plus five cars valued at around 20.45 million baht.

This lot of assets is in addition to 1.131 billion baht worth of other assets seized by the Narcotics Control Board.

Somsak added that the seized properties could not be fully assessed with international cooperation needed to prove their acquisition while in this country. This procedure would take time but more assets will be steadily seized.

However Chuwit said he had submitted a letter directly to Attorney-General Ms. Naree Tantasathien but she said that she had not received any police report on this case yet.

He added that this had led to him mistrusting police work on this case as no money laundering charges were brought against Chaiyanat.

Because of this no charges of having linked up with Ms. Patcharin who transferred money back and forth could be filed against him.

“If this is too big a case the National Police Chief or the Prime Minister should take it up. Don’t make it necessary to reveal who Tu Hao is close to, if it comes out it will definitely hit hard. 

“I stress that this case has to reach the Supreme Court and I am ready to admit that I don’t trust the work of Deputy National Police Chief Pol. Lt. Gen. Surachate Hakparn,” Chuwit said.


Top: Justice Minister Somsak Thepsutin, centre, briefing the press with former MP Chuwit Kamolvisit, first right. Photo: INN News

Insert: A mugshot of  Mr. Chaiyanat Kornchaiyanant, alias Tu Hao. Photo: INN News

Front Page: Mr. Chaiyanat Kornchaiyanant, alias Tu Hao, surrendering to police. Photo: Matichon 

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Police search luxury housing estate dominated by grey capitalist gang 

Airplane linked to arrested Chinese grey capitalist seized

‘Big Joke’ : Case against grey capitalist suspect to be closed in 3 weeks

Fugitive Chinese-born grey businessman still in Thailand, protected by a big shot

‘Big Joke’ vows to catch all Chinese grey capitalists

Palang Pracharath will likely be dissolved if caught getting grey money: Somchai

Probe of Palang Pracharath over allegedly receiving laundered money starts


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