BANGKOK – The Anti-Money Laundering Office (AMLO) has confiscated assets valued at approximately 320 million baht from the direct marketing company iCon Group and its executives as part of an ongoing investigation into suspected illegal earnings.
According to AMLO spokesman Wittaya Nititham, the assets seized primarily include bank deposits linked to stock trading and other cash reserves. The Department of Special Investigation (DSI) is handling the investigation and impounding of these assets before transferring them to AMLO for safekeeping.
Wittaya highlighted challenges in asset recovery, noting that the alleged activities had persisted for several years prior to exposure. Despite these obstacles, he assured that AMLO would make every effort to recover all unlawfully acquired assets, regardless of their location.
While AMLO has authority over assets directly tied to the suspects, Wittaya emphasized that assets belonging to unrelated individuals will remain unaffected until investigations conclude. He also addressed donations made by iCon Group to temples, affirming that temples could defend their acceptance of such donations, as they had received them in good faith without knowledge of their questionable origins.
In a separate case involving online gambling linked to Mae Mont, DSI has seized assets worth roughly 300 million baht, including gold ornaments, gold bars, and land deeds, and has taken about 20 suspects into custody.
