Thai housemaid’s 100 million baht fortune hits a legal snag

[CallumWK]

2 minutes ago, Tropicalevo said:

From the BP reported previously and again today - they are going to investigate less than 27,000 possible nominee juristic persons in this crackdown.

And that is across all five sectors.

There will be more nominees than that owning villas, just in Phuket.

 

As far as I'm aware, because many years ago (now sold) I also owned a property through a limited company, the same 2 shareholders will be nominees in hundreds of companies.

[Liverpool Lou]

14 minutes ago, lordgrinz said:

 

Yeah, just all her money stolen without her day in court. I like how they waited until she was dead to figure this all out, then take it all in the name of justice.

1)  All her money has not "been stolen", the circumstances are still being investigated, I believe but, even if it does not conclude in the company's favour, it is not being stolen.

2)  Her assets were acquired via an illegally set up company in order to circumvent the laws that prohibits foreigners from owning and profiting from that illegally held land, if she had done it properly initially there would not be this issue now.

3)  Prior to her death there was apparently no reason to investigate the woman's company.

Edited yesterday at 03:16 AM by Liverpool Lou

[Liverpool Lou]

13 minutes ago, lordgrinz said:

I like how they waited until she was dead to figure this all out

Why do you like it?

[mdr224]

4 minutes ago, Liverpool Lou said:

Why do you like it?

Bizarre that youre spending so much effort defending what doesnt deserve to be defended

[Liverpool Lou]

20 minutes ago, mdr224 said:

25 minutes ago, Liverpool Lou said:

Why do you like it?

Bizarre that youre spending so much effort defending what doesnt deserve to be defended

I'm not defending the law that prevents foreigners from owning land, I do not agree with it, but it's bizarre that you don't understand that a law is a law, even if you don't approve of it.    Those banging on about it's perceived unfairness won't change it, neither will it justify the actions of those who break that law in order to profit from their action.

Edited yesterday at 03:38 AM by Liverpool Lou

[mdr224]

3 minutes ago, Liverpool Lou said:

I'm not defending the law that prevents foreigners from owning land, I do not agree with it, but it's bizarre that you don't understand that a law is a law, even if you don't approve of it.    Those banging on about it's perceived unfairness won't change it, neither will it justify the actions of those who break that law in order to profit from their action.

The laws in Thailand serve the rich. They are fluid and change depending on the circumstance 

[Liverpool Lou]

1 minute ago, mdr224 said:

The laws in Thailand serve the rich. They are fluid and change depending on the circumstance 

Really?  Can you give an example of that change in the laws in order to benefit the rich?

[mdr224]

1 minute ago, Liverpool Lou said:

Really?  Can you give an example of that change in the laws in order to benefit the rich?

Are you rich? And do you live in Thailand. Case in point. Youd have to be an absolute moron to even risk it

[off road pat]

On 11/27/2024 at 4:22 AM, TedG said:

Feels like theft.

"Theft" indeed. What about the assets in the bank, the jewelry, etc,...these items are not illegal !!!

[Liverpool Lou]

9 hours ago, mdr224 said:

9 hours ago, Liverpool Lou said:

Really?  Can you give an example of that change in the laws in order to benefit the rich?

Are you rich? And do you live in Thailand. Case in point. Youd have to be an absolute moron to even risk it

I was pretty sure that you would be unable to provide even one example to justify your blatantly false claim that "laws have been changed to benefit the rich".  I was right.  What my affluence and residential location have to do with anything, I do not know, perhaps you could explain?

[Liverpool Lou]

9 hours ago, mdr224 said:

The laws in Thailand serve the rich. They are fluid and change depending on the circumstance 

B0llocks.

[ryandb]

On 11/27/2024 at 1:19 PM, Liverpool Lou said:

Absolutely not.

Inheritance tax is the most disgusting of all taxes, sorry about your dad, you need to find 40% of the figure we place your assets as worth otherwise we will sell it cheap to our friends.

[Tropicalevo]

On 11/28/2024 at 2:48 PM, off road pat said:

"Theft" indeed. What about the assets in the bank, the jewelry, etc,...these items are not illegal !!!

 

This according to Khaosodenglish

 

Quote

As for Pa Tim, she was not investigated in the villa possession case, but she may have rights to other assets, including jewelry from a safe deposit box and bank deposits, as specified in Madame Catherine’s will....

 

อ่านข่าวต้นฉบับได้ที่ : https://www.khaosodenglish.com/featured/2024/11/27/french-womans-thai-maid-loses-inheritance-in-koh-samui-nominee-probe/

[ukrules]

On 11/27/2024 at 1:21 PM, Liverpool Lou said:

Yes, if they set it up the way she did with illegal nominees.  If it is set up with legal Thai partners, not designed solely to circumvent the property-owning laws, there will be no concerns.

 

The penalty for such a heinous crime should be a fine of a few thousand baht per year - not confiscation of every Baht the person ever earned.

It's a massive corrupt cash grab and you know it.

[Liverpool Lou]

1 hour ago, ukrules said:

 

The penalty for such a heinous crime should be a fine of a few thousand baht per year - not confiscation of every Baht the person ever earned.

It's a massive corrupt cash grab and you know it.

No, it is not and, no, I do not.  Every baht the person ever earned is not being confiscated, only the assets that she acquired illegally by virtue of her knowingly, illegally, controlling a company of which she was not the majority shareholder.  

[Liverpool Lou]

7 hours ago, ryandb said:

Inheritance tax is the most disgusting of all taxes, sorry about your dad, you need to find 40% of the figure we place your assets as worth otherwise we will sell it cheap to our friends.

"...you need to find 40% of the figure we place your assets as worth otherwise we will sell it cheap to our friends".

Who are you alleging is stating that?  Which country taxes all inheritances at 40% and then confiscates it to sell to cronies if the tax is not paid?

[Liverpool Lou]

2 hours ago, ukrules said:

The penalty for such a heinous crime should be a fine of a few thousand baht per year - not confiscation of every Baht the person ever earned

Why just a few thousand baht when her illegal scheme to own/control Thai land benefitted her to the tune of B100m+?

Edited 4 minutes ago by Liverpool Lou