Thai authorities accuse Malaysian company of being 'transnational crime syndicate'


  • Nation
  • Monday, 10 Jul 2017

BANGKOK: A Malaysian company with significant business interests in southern Thailand has been accused of being a "transnational crime syndicate" and having caused the kingdom to suffer financial losses worth "billions of Baht" (1bil Baht = RM125mil).

The accusation against the company, which faces a similar probe by Malaysian authorities, was levelled by a joint committee set up by the Thai government to investigate the firm during its latest meeting days ago.

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