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At least Bt320m worth of assets seized from icon group and executives

At least Bt320m worth of assets seized from icon group and executives

13 Sept 07:25 Key points summarised by AI
  • The Anti-Money Laundering Office (AMLO) has seized assets totaling approximately 320 million baht from the iCon Group direct marketing company and its executives, primarily consisting of bank deposits from stock trading and cash.
  • AMLO faces challenges in recovering assets due to the long duration of the alleged offenses but assures that all ill-gotten gains will be confiscated; temples that received donations in good faith are exempt from asset seizure.
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