PM Thailand vows to fight tax allegations
Philip Morris Thailand (PMT) vowed yesterday to “vigorously defend itself” against Thai tax evasion allegations, according to a story in the Bangkok Post.
Newly appointed attorney general, Athapol Yaisawang, said the indictment had been launched against PMT by his predecessor, Chulasingh Vasantasingh, before his recent retirement.
Although the details of the allegations were unclear, PMT said in a statement any prosecution would violate Thailand’s obligations under a World Trade Organization customs agreement.
“Philip Morris Thailand Limited … intends to vigorously defend itself against these meritless charges,” it said.
Nevertheless, the company said it had not been formally notified by the Thai authorities of a prosecution order, and it expressed hope that the new attorney general would review the case.