Phoenix tour boat fails to sell as authorities run up huge storage costs

Phoenix tour boat fails to sell as authorities run up huge storage costs

By Tanyaluk Sakoot

 

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The Phoenix tour boat sank about 1.5 nautical miles off Koh Hei (Coral Island), south of Phuket on July 5, 2018. Photo: Supplied
 

PHUKET:-- The Phoenix tour boat, which sank off Phuket in July last year killing 47 Chinese tourists, remains unsold after an auction in May drew no bids as the Anti-Money Laundering Office spends more than B100,000 a month to store it.
 

Following the disaster on July 5, 2018, raids led to the discovery that the operators of the boat had laundered more than B1 billion. This, in turn, led to the seizure of assets which are being auctioned off by the Anti-Money Laundering Office (Amlo).

 

An official at the Amlo’s trade department said, “The Phoenix tour boat is still at the Rattanachai Shipyard. On May 22 it went up for auction with a starting price of B900,000 but failed to attract any interest.


Full Story: https://www.thephuketnews.com/phoenix-tour-boat-fails-to-sell-as-authorities-run-up-huge-storage-costs-71718.php#bfyG8kRJqJ1urP7O.97

 

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-- © Copyright Phuket News 2019-06-07
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