Thailand accuses Malaysian company of being ‘transnational crime syndicate’

[webfact]

Thailand accuses Malaysian company of being ‘transnational crime syndicate’

 

BANGKOK, July 10 —  A Malaysian company with deep business interests in southern Thailand has been accused of being a “transnational crime syndicate” and having caused the kingdom to suffer financial losses worth “billions of Baht” (1 Billion Baht = RM125 million).

 

The accusation against the company, which faces a similar probe by Malaysian authorities, was levelled by a joint committee set up by the Thai government to investigate the firm during its latest meeting days ago.

 

“The representative from the Attorney General’s Office concluded (during the meeting) that all government agencies involved in the investigation focus on the main accusation (against the Malaysian company) of it being a transnational crime syndicate.

 

Full story: http://www.themalaymailonline.com/malaysia/article/thailand-accuses-malaysian-company-of-being-transnational-crime-syndicate

 

-- The Malaymail Online 2017-07-10

[impulse]

Gotta love articles that don't mention the company's name.

 

Neither does the linked Malaysian article...

 

If investing heavily despite years consecutive of losses is suspicious, Bezos and Musk and a zillion other millionaires are probably on their radar, too.  Along with Uber.

 

[Ulic]

Not sure how investing in Thailand has caused the Kingdom to loose billions of baht but

I am looking forward to future coverage of the story and the government proving

their case.  

[soalbundy]

Thailand should know

[boomerangutang]

''it takes one to know one'

[farcanell]

Lmao.....

 

"that suspicion caused the Thai authorities to spring into action".... they actually wrote that!!!

 

[tifino]

 

Thailand get sued for company's losses ensued

[Cadbury]

1 hour ago, Ulic said:

Not sure how investing in Thailand has caused the Kingdom to loose billions of baht but

I am looking forward to future coverage of the story and the government proving

their case.  

One might conclude that the billions of baht lost was the extortion money "connected" Thai people missed out on because the unnamed Malaysian company was too smart for them.

A simple case of pots and kettles calling each other black.

[JAG]

Thailand should know

''it takes one to know one'

Indeed, I was sure I was not the only one to see the irony ...

[natway09]

Those pesky Malaysians outsmarted us again