Yingluck asset forfeiture begins | Bangkok Post: news - News Summed Up

Yingluck asset forfeiture begins | Bangkok Post: news


(Photo by Patipat Janthong)The Legal Execution Department will start seizing assets from Yingluck Shinawatra after receiving the details of 12 of her bank accounts from the Finance Ministry. Ruenwadee Suwannamongkol, director-general of the Legal Execution Department, said on Monday her department had already received the bank account list and would take action as requested by the ministry. Since the statute of limitations of this case is 10 years, the ministry can gradually send more lists to the Legal Execution Department to forfeit her assets, she added. The Finance Ministry said on Monday it had submitted details of 12 bank accounts under Yingluck Shinawatra’s name to the Legal Execution Department two weeks ago so further action could be taken to seize her assets. In Ms Yingluck case, the panel decided she take responsibility for 20% of the damages.


Source: Bangkok Post July 24, 2017 08:15 UTC



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