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Koh Samui Estate Investigation Leads to Nominee Case

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Koh Samui Property Holdings Lead to Nominee Charges After French Woman’s Death

Surat Thani police have recommended prosecuting two companies and two Thai nationals over alleged nominee arrangements connected to the property holdings of a French woman who died on Koh Samui. Catherine Jolie Roland Germain Delacot, 59, died in April 2024 and left assets valued at nearly 100 million baht to her Thai housekeeper, after which authorities began examining her land and business dealings. Investigators allege that Maxicat Co Ltd and G.V.N.E. Co Ltd used Thai shareholders who did not actually invest in the businesses, allowing land to be acquired and developed despite restrictions on foreign land ownership. A plot measuring one rai and two ngan was reportedly purchased for 2.7 million baht and developed into five villas, three of which were later sold for between seven and eight million baht each. Police are seeking charges against the companies and two Thai individuals for allegedly facilitating an illegal foreign-controlled land business.

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