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AMLO is verifying reports of four Thai banks’ alleged role in suspicious transactions

13 Sept 06:43 Key points summarised by AI

Thailand's Anti-Money Laundering Office (AMLO) is actively verifying an International Consortium of Investigative Journalists (ICIJ) report implicating four Thai banks in 41.31 billion baht worth of suspicious financial transactions between 1999 and 2017.
AMLO states that checking suspicious transactions is routine and requires thorough investigation, as not all unusual-looking transactions are illegitimate; they will question bank representatives once the international report is verified.

Today 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.