Department to auction seized assets

The Treasury Department is preparing to launch an online auction of lawfully seized assets this month to enhance transparency of asset sales.

The auctioned assets are properties the department received from the Anti-Money Laundering Office and the Office of the National Anti-Corruption Commission, said Yuttana Yimgarund, director-general of the department.

There are 156 lawfully seized assets, comprising of land, land and buildings, buildings constructed on land plots and apartments and condominiums, said Mr Yuttana.

The online auction process will be launched this month.

The first-round auction will be launched around the clock for seven days via https://auction.treasury.go.th

Interested individuals can register for membership to view property listings and place an…