Lawmakers aim to end wrongful account freezes

'Mule account’ blitz hits regular people

- AEKARACH SATTABURUTH

Senate committees have proposed measures to combat a wave of wrongful account freezes as part of an effort to eliminate “mule accounts’, which have been affecting innocent citizens.

The Senate’s Economic, Finance and Banking Committee, together with the Legal and Justice Committee, held apress conference yesterday to address rising concerns over the freezing of bank accounts linked to crackdowns on so-called mule accounts.

Senator Palawat Tansiri, spokesperson for the economic committee, acknowledged that efforts to combat online fraud and dismantle mule accounts were necessary, but warned that innocent citizens and small and medium-sized enterprises (SMEs) were being severely affected.

He noted that complex financial transactions, common among small traders, were increasingly caught in sweeping freezes.