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Sansiri clarified on behalf of “Srettha” after being accused of tax evasion.

BANGKOK, Aug. 3- "Sansiri" has issued a document clarifying that "Srettha" only approves the purchase of land. The other steps are the duties of the land acquisition team. Confirmed to proceed according to the legal process at the Department of Lands After being accused of knowing tax evasion

The reporter reported that From the case where the news alluded to Mr. Srettha Thavisin, Pheu Thai Party's candidate Prime Minister, while holding the position as the top executive and director of Sansiri Public Company Limited, participated in avoiding Sansiri's land purchase tax caused the state to lose hundreds of millions of baht in revenue. Sansiri company issued a statement clarifying that The contract to buy and sell such plots of land between Sansiri and the seller. Set the seller to be responsible for the tax. Ownership transfer fees and expenses which is the seller's legal duty to pay the above taxes as well Sansiri is obligated to pay the price in full as agreed. And accept the transfer of land ownership only Sansiri was not aware of or involved in any method or action of the seller's taxation as claimed. and does not benefit from the tax savings and the cost of transferring ownership of the seller.

“Sansiri's land purchase Mr. Srettha while being the senior executive and director of Sansiri will be involved only in the land purchase approval process Based on numbers and information provided by Sansiri's land acquisition team and presented to the executive meeting for consideration and submission to the Board of Directors for approval of land purchases and investments, respectively. Mr. Srettha, as the top executive and director of Sansiri, approved only the price and investment value. The contract to buy and sell the land, the settlement and the transfer of ownership will be the responsibility of the land acquisition team who will be responsible for all arrangements and coordination,” the statement said.

The statement stated that After Sansiri made a contract to buy and sell and place a deposit to buy land for a period of several months. before the transfer of ownership The seller is the one who informs about the details of how to transfer the ownership and pay the remaining balance to know that he wants to transfer only the part according to the list of owners of the land as reported in the news. The land acquisition team responsible for the execution of the contract considers that Such actions can be performed legally. And it still complies with the terms of the contract. In addition, it will not affect Sansiri's complete transfer of ownership of the land according to the agreed contract. and does not cause Sansiri to suffer damages or bear any additional expenses as agreed The land acquisition team therefore decided to proceed as the seller notified.

“Sansiri paid almost all of the price of such plots of land. Through checks and cashier's checks By paying only 301,000 baht in cash, not paying as much cash as claimed The land officer recorded that the land purchase was paid by cashier's check. The rest is paid in cash. It was because Sansiri had already paid the deposit to the seller according to the purchase and sale contract, several months before the land ownership transfer registration date. It is the normal practice of the Department of Lands to record the difference in the cost of land where a copy of the cashier's check is not presented on the date of ownership transfer as a cash payment. The transfer of land ownership is carried out at the Department of Lands in accordance with relevant laws and regulations. and pay the registration fee Withholding tax, specific business tax/stamp duty As already collected And Sansiri has received the transfer of ownership of the land at the agreed price, ”said the statement.

The statement stated that From the facts explained above It can be seen that Mr. Srettha which is the highest executive and directors of Sansiri at that time has performed the duties of safeguarding the Company's interests completely and is not involved in and aware of the land ownership transfer process as mentioned above Because it is a process that occurs after the contract to buy and sell and is the responsibility of the land recruitment team who is the operations department to manage according to the contract and legally. Sansiri's land purchase transaction is a normal purchase of land in the general real estate development business. Legitimate, transparent and verifiable.-Thai News Agency

Source: Thai News Agency