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One billion baht in assets seized during Phitsanulok drug bust

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PHOTO: Bangkok Post

Police in the central Thai province of Phitsanulok have seized assets valued around one billion baht from a gold shop and its related businesses. The store was suspected of being the ‘shop front’ to a larger drug trading network. An arrest warrant was issued for the shop’s owner, his son is already in custody.

A team of around 100 officers from provincial police, narcotics and other agencies searched 13 venues in Phitsanulok and Chiang Mai yesterday.

The operation followed the October arrest of four drug suspects and the seizure of more than a million methamphetamine pills in Chiang Rai.

Once questioned, the suspects from the earlier arrests implicated Nanthaphan Apichaithanathip, owner of the gold shop, and his son Phanthanan Apichaithanathip.

Officers had earlier arrested two other suspects, 36 year old Chalermpong Kosiri and 50 year old Bulakorn Kaewma, at a petrol station in Ayutthaya on the same night. Chalermpong is Nanthaphan’s son from another relationship.

Their confessions have so far led to six more arrests. Police say Nanthaphan was the leader of the gang and bought drugs from a trafficker.

Authorities seized gold ornaments valued at about 28 million baht from the gold shop’s main branch. Other assets included four properties worth 200 million baht, 10 commercial buildings worth 50 million baht, 58 plots of land worth 155 million baht, Buddha amulets, cars and other valuables valued at another 500 million baht.

The deputy national police chief said the rapid expansion of Nanthaphan’s businesses raised suspicions.

SOURCE: Bangkok Post

 

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Jack Burton is an American writer, broadcaster, linguist and journalist who has lived in Asia since 1987. A native of the state of Georgia, he attended the The University of Georgia's Henry Grady School of Journalism, which hands out journalism's prestigious Peabody Awards. His works have appeared in The China Post, The South China Morning Post, The International Herald Tribune and many magazines throughout Asia and the world. He is fluent in Mandarin and has appeared on television and radio for decades in Taiwan, Mainland China, Hong Kong and Macau.

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