Police seize 32 vehicles at Sa Kaew border

By The Nation

 

Image: 77kaoded.com

 

Sa Kaew police found 32 vehicles in an old and unused rice mill near the Cambodian border in Aranyaprathet district on Monday evening and seized them pending ownership verification.

 

Acting on a tip-off, police from the Sa Kaew police head office and the Provincial Police Bureau 2 joined with troops from the 19th Army Circle to search the Phor Kwan rice mill in Moo 4 village in Tambon Ban Mai Nong Sai at 5.30pm.

 

The officials found two farm tractors, two six-wheel trucks and 28 sedans parked in the rice mill compound.

 

Pol Colonel Paopakorn Ramnuch, deputy chief of Sa Kaew police, said they detained Likhit Thongnak, 47, who claimed to have rights over the vehicles. They will investigate if the vehicles were stolen pending being smuggled across the border.

 

Likhit said owners of the vehicles mortgaged them with him.

 

Poapakorn said if the vehicles were mortgaged, police would check whether Likhit collected interests higher than what was permitted by the law.

 

Source: http://www.nationmultimedia.com/detail/breakingnews/30371693

 

-- © Copyright The Nation 2019-06-25

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I bet most were "mortgaged" to provide gambling funds in the nearby casinos. If the owners could not repay then they would be smuggled across the border and re-sold.

5 hours ago, Jonathan Fairfield said:

Poapakorn said if the vehicles were mortgaged, police would check whether Likhit collected interests higher than what was permitted by the law.

What is permitted by law?

 

I know of one scum loan shark that is charging 20% per month.....I would love to see that stopped. Sometimes Thai people have little choice and they borrow from this low life and end up suffering more.

15 hours ago, 300sd said:

What is permitted by law?

 

I know of one scum loan shark that is charging 20% per month.....I would love to see that stopped. Sometimes Thai people have little choice and they borrow from this low life and end up suffering more.

Every loan shark I know in my area charge 20%