Bangkok: Prime Minister and Minister of Interior Anutin Charnvirakul is taking decisive action to combat financial crimes by planning the establishment of four new agencies dedicated to tracking down money laundering gangs and seizing assets valued at over 20 billion baht.
According to Thai News Agency, Prime Minister Anutin chaired a crucial meeting to oversee and provide policy guidance to the Anti-Money Laundering Office (AMLO). During this meeting, Chatchai Promlert, Chairman of AMLO, presented a detailed report on the agency’s structure and achievements. The AMLO, which reports directly to the Prime Minister, has recently frozen and seized assets worth over 29 billion baht, and closed more than 800,000 money mule accounts, with over 3 billion baht still pending for refunds to victims.
In his policy address, the Prime Minister expressed gratitude to the agencies for the invitation to visit and acknowledged the significant accomplishments of AMLO. He clarified that upon assuming office, he initially believed that AMLO was under the Ministry of Justice. However, after a reorganization at Government House, he learned that the agency directly reports to him. This newfound understanding has intensified his commitment to addressing the issue of financial crimes.
The Prime Minister emphasized the growing public and international scrutiny on AMLO’s operations, especially in relation to scammers and financial crimes linked to money laundering. He acknowledged the pressure faced in addressing these economic crimes, highlighting the potential consequences of inaction, which include international sanctions and reputational damage. Anutin stressed the importance of taking decisive action, not only to maintain effectiveness but also to safeguard the nation’s economic integrity.