Boisterous bidding raises over B102.7mn at Tranlee auction

Kritsada Mueanhawong

 

 

PHUKET:-- More than 150 assets seized from embattled Tranlee Travel Co fetched 102,742,000 baht at auction today. 

The auction to sell off boats, buses and other assets once owned by the now defunct travel company began at 10am today and is set to continue over the next few days until all of the assets have been sold off. 

The assets – 33 boats, 57 buses, parcels of land and millions of baht – were seized by Phuket’s Anti-Money Laundering Office (AMLO) after investigators declared that the Phuket-based tour operator had been established illegally.

 

Full Story: http://www.phuketgazette.net/phuket-news/Boisterous-bidding-raises-B1027mn-Tranlee-auction/65518?desktopversion

 

-- © Copyright Phuket Gazette 2016-09-06

That seems like pretty quick action. Did they have their day in court?

Was the auction advertise in advance or just the right people knew about it boy that was fast