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 3 hours ago 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 3 hours ago 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