Guests at a Jomtien Beach hotel were evicted without notice after police aided the inn’s holding company in repossessing the property.
Tourists were rousted from their rooms and the restaurant at the Euro Star Jomtien Beach Hotel June 21 after 30 men cut power, disabled security cameras and blocked the entrance with metal poles. No word was given if the displaced foreigners would be given a refund.
The incident stems from a property dispute between Euro Star Co. Lt. and KM16 Bangna Co., which loaned the hotel 170 million baht at 1.5 percent interest in 2015. The loan included an ownership transfer and repurchase agreement, which KM16 claims Euro Star breached.
Euro Star attorney Sittichai Jaruraksa claims KM16 executives lied to the Legal Execution Department in order to get law enforcement to support its debt collectors in seizing the hotel on Jomtien Soi 1 near Dongtan Beach.
Sittichai said the company already has filed a complaint against KM16 with Pattaya police. He also filed a complaint with the Anti-Money Laundering Office, claiming KM16 is covertly controlled by foreign nationals, and to Deputy Prime Minister Prawit Wongsuwon.
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