webfact Posted December 14, 2017 Share Posted December 14, 2017 Thailand might get to pocket smuggled money By The Nation Almost all of the Bt98 million in undeclared Thai banknotes halted at the Lao border on Tuesday appears to be headed for state coffers. The two Lao brothers arrested trying to carry the money into Laos from Nong Khai agreed to pay a Bt40,000 fine and let Thailand keep Bt94 million, thus avoiding further prosecution, after the money was deemed to have been illegally acquired. If the Customs Department agrees to the arrangement proposed by its Nong Khai office, Suebanh Tiasili, 30, and Khumborn Tiasyly, 24, would walk away with Bt4 million, Nong Khai Customs chief Nimit Saeng-ampai said on Wednesday evening. For now, the Bt98 million is sitting in a bank. The brothers maintain that they’d collected the cash for their currency-exchange business in Laos. But they allegedly failed to declare to their own government the exchange of a substantial amount of US dollars for baht, as required by law. Nimit cited a Customs regulation that anyone transporting undeclared cash valued between Bt450,000 and Bt2 million across the border is liable to a Bt20,000 fine, while larger amounts draw a Bt40,000 fine. The regulation stipulates how much of the money is to be returned to the offender and how much is to be confiscated. Nimit alleged that the brothers had travelled in and out of Thailand at least five times in November and four times in December, transporting cash each time. They allegedly confessed to exchanging US$800,000 on a previous trip and $2.8 million this time. Nimit said his office would henceforth be stricter about checking personal vehicles leaving the country for drugs and unusual amounts of cash. He also plans to seek the cooperation of banks in notifying the office about substantial currency exchanges. Source: http://www.nationmultimedia.com/detail/national/30333926 -- © Copyright The Nation 2017-12-14 Link to comment Share on other sites More sharing options...
Thaiwrath Posted December 14, 2017 Share Posted December 14, 2017 3 minutes ago, webfact said: Almost all of the Bt98 million in undeclared Thai banknotes halted at the Lao border on Tuesday appears to be headed for state coffers. Substitute the word "police" instead of "state" would probably be nearer the mark ! Link to comment Share on other sites More sharing options...
ChrisY1 Posted December 14, 2017 Share Posted December 14, 2017 If it was as reported B98 million.....London to a brick there was a lot more! Link to comment Share on other sites More sharing options...
Coconutman Posted December 14, 2017 Share Posted December 14, 2017 Who's pockets is the question Link to comment Share on other sites More sharing options...
rkidlad Posted December 14, 2017 Share Posted December 14, 2017 Watches all round for the boys. Link to comment Share on other sites More sharing options...
Bluespunk Posted December 14, 2017 Share Posted December 14, 2017 33 minutes ago, webfact said: Almost all of the Bt98 million in undeclared Thai banknotes halted at the Lao border on Tuesday appears to be headed for state coffers. Quelle surprise... Link to comment Share on other sites More sharing options...
kotsak Posted December 14, 2017 Share Posted December 14, 2017 Policemen's mia nois are already salivating.. Link to comment Share on other sites More sharing options...
PAIBKK Posted December 14, 2017 Share Posted December 14, 2017 3 hours ago, webfact said: Bt94 million Where did the other 6 million go ??? Thai calculators ??? Link to comment Share on other sites More sharing options...
hansnl Posted December 14, 2017 Share Posted December 14, 2017 3 hours ago, Bluespunk said: Quelle surprise... In fact, a lot of countries see to it that criminal money is going into the state coffers. And why not? Link to comment Share on other sites More sharing options...
Godang Posted December 14, 2017 Share Posted December 14, 2017 4 hours ago, Thaiwrath said: Substitute the word "police" instead of "state" would probably be nearer the mark ! Substitute Prayuth and his deputy Prawit. Corruption perish the thought. Link to comment Share on other sites More sharing options...
stephen tracy Posted December 14, 2017 Share Posted December 14, 2017 New watch for Prawit? Link to comment Share on other sites More sharing options...
mrfill Posted December 14, 2017 Share Posted December 14, 2017 1 hour ago, PAIBKK said: Where did the other 6 million go ??? Thai calculators ??? 98m - 4m (which the perps were allowed to keep) = 94m Specsavers required. Link to comment Share on other sites More sharing options...
GreasyFingers Posted December 14, 2017 Share Posted December 14, 2017 4 hours ago, ChrisY1 said: If it was as reported B98 million.....London to a brick there was a lot more! Mate, you must be getting old to use a Ken Howard quote. Remember to not run up steps Link to comment Share on other sites More sharing options...
Bluespunk Posted December 14, 2017 Share Posted December 14, 2017 (edited) 1 hour ago, hansnl said: In fact, a lot of countries see to it that criminal money is going into the state coffers. And why not? They have been fined for the crime committed in Thailand 5 hours ago, webfact said: The brothers maintain that they’d collected the cash for their currency-exchange business in Laos. But they allegedly failed to declare to their own government the exchange of a substantial amount of US dollars for baht, as required by law. The rest should go to Laos as that is where they failed to declare their dollars, so the money should go to Laos... Edited December 14, 2017 by Bluespunk Link to comment Share on other sites More sharing options...
Basil B Posted December 14, 2017 Share Posted December 14, 2017 In the UK our customs use dogs trained to sniff out bank notes. but I could recommend something better for the Thai Customs... Any Pattaya "hospitality" lass Link to comment Share on other sites More sharing options...
Boss Posted December 14, 2017 Share Posted December 14, 2017 Probably drug money imo... payment for a load of meth. Daily business in these parts... Link to comment Share on other sites More sharing options...
observer90210 Posted December 14, 2017 Share Posted December 14, 2017 And of course the judicial forfeiture of the money will be used to construct road bumps on the streets to force cars to slow down... the rest would be used to build proper water treatment plants near the beaches to avoid disposal of waste water in the seas......but suddenly!! ..drrrrring!....my alarm rings, I woke up and could not finish this dream !! Link to comment Share on other sites More sharing options...
mentalcolonization Posted December 14, 2017 Share Posted December 14, 2017 Check the US bills. They must be fakes Link to comment Share on other sites More sharing options...
wakeupplease Posted December 14, 2017 Share Posted December 14, 2017 4 hours ago, Basil B said: In the UK our customs use dogs trained to sniff out bank notes. Please do not ask for UK Customs trained dogs to come here as the poor things would never get a minutes rest it would be 24hrs a day 356 and one or two may also get sniffed for watches. That would be cruelty to animals. Link to comment Share on other sites More sharing options...
surangw Posted December 14, 2017 Share Posted December 14, 2017 10 hours ago, rkidlad said: Watches all round for the boys. and more gold for mai nois Link to comment Share on other sites More sharing options...
Ulic Posted December 14, 2017 Share Posted December 14, 2017 As I read I believe many readers ignore very similar laws in the USA. Civil forfeiture is a daily occurrence. Nothing has to be proved. Police only have to "believe" the cash (any amount, no threshold) are proceeds of a crime. The police department keeps 80% for themselves and get to spend the money as they wish. From Christmas parties to attending conferences in Las Vegas. Of course you can appeal, but they are the also the people who judge that appeal. Whats the difference with this. Watches all around is my guess. Link to comment Share on other sites More sharing options...
StayinThailand2much Posted December 15, 2017 Share Posted December 15, 2017 2.8 million dollars exchanged for 98 million baht: wow, that's 35 baht to the dollar! I'll only exchange my dollars at Krung Thai Bank in Nong Kai in the future! Link to comment Share on other sites More sharing options...
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