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Thailand Oil Firm to Check Data on Past Deals.
Sep. 6--The state-owned Petroleum Authority of Thailand has had business dealings with dummy companies set up by the suspects in a 7.5-billion-baht money-laundering scam.
However, evidence so far showed the dealings were normal and not related to the scandal, officials said yesterday.
Nevertheless, Industry Minister Suriya Juengrungruangkij ordered PTT management to check all oil export transactions from the past three years.
Mr Suriya also asked Thai Petrochemical Industry Plc to conduct similar checks, as the suspect firms had dealt with both companies.
TPI admitted earlier that it had sold fuel oil to Eastern Petropower Co, one of the suspects' companies, over the past three years. The PTT had denied any relations with the suspects.
Only one suspect, Sarinra Mahamad, has been arrested so far. Others including Rosarin Chorpradit, Ms Sarinra's elder sister, are still at large.
"Explanations of senior executives of both PTT and TPI about their organisations' business relationships with Ms Rosarin are unclear," Mr Suriya said yesterday. "As well, I also want them to check their deals with other customers that could be linked to other money-laundering cases."Prasert Bunsumpun, president of the PTT's gas division, said the suspects' three companies -- Ratanakosin International, Thanasub Thavee and Eastern Petropower -- were not on the list of PTT trading partners.
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