AMLO earns Bt150m from auction of seized items

[snoop1130]

AMLO earns Bt150m from auction of seized items
By Piyanuch Thamnukasetchai

THAILAND -- SOME 59 items

The event, held at AMLO headquarters, featured items such as a brand-new Mercedes sedan seized in the King Mongkut's Institute of TechnologyLat Krabang embezzlement case. The starting price for the Mercedes has been cut to Bt5.8 million because it failed to draw bids in two previous auctions. A double-decker bus seized from a Phitsanulok gambling den has been given a price tag of Bt2.5 million, and starting prices for Apple gadgets ranged from Bt3,000 to Bt4,500.

AMLO auctions this year had added some Bt150 million to state coffers, Aim-orn said. This was double the sum earned last year thanks to key cases such as lese majeste arrests and a |racketeering network led by former Central Investigation Bureau chief Pongpat Chayapan, whose seized items were sold for Bt80 million.

Source: http://www.nationmultimedia.com/breakingnews/AMLO-earns-Bt150m-from-auction-of-seized-items-30275814.html

-- The Nation 2015-12-28

[BSJ]

Would be nice to get a heads up a week or 2 before they are held!

[clockman]

No chance for Farangs! Remember everything in Thailand is stitched up.

[rubl]

AMLO earned ?

"AMLO auctions this year had added some Bt150 million to state coffers"

[Renrut]

No chance for Farangs! Remember everything in Thailand is stitched up.

Nonsense, anyone can bid at these auctions.

[kkerry]

No chance for Farangs! Remember everything in Thailand is stitched up.

Nonsense, anyone can bid at these auctions.

Do you have a link where they post advance notice of these auctions?

[aRobotnamedWAR]

Would be nice to get a heads up a week or 2 before they are held!

its only for police and politicians to buy stolen goods for 90% off.

plus when they burn drugs. i love it they way they stand right next to the chemical smoke as if they are immune to toxic chemicals. how strange.

[ezzra]

Auctions in Thailand is where most of the times the asking price is more than what you can buy

brand new at the source....as gullible bidders think they're getting a bargain...