Arakit “BENZ RACING” allowed bail in Money Laundering case

Akarakit “Benz Racing has been approved a 5th bail extension on charged of money laundering, Bangkok Post sums it up here:

The Criminal Court approved a police request on Monday for the fifth extension of the detention of Akarakit “Benz Racing” Worarojcharoendet for investigation on charges of money laundering and conspiracy to launder drug funds, and again allowed him bail.

A confident Mr Akarakit told waiting reporters he must report to the court again on May 5, and intended to prove his innocence.

The first 12-day detention of the 30-year-old suspect started on March 6, when he was released on bail of 500,000 baht and ordered not to leave the country without court approval. Police can apply to extend his detention seven times.

Mr Akarakit faced reporters with a smile and said: “We have been doing business and acquiring things honestly. If police doubt any part of this we will present more evidence, in addition to what was already given.”

Source: Bangkok Post



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